Fuller Smith & Turner - FSTA 🍺

[john]

FTSE SmallCap so maybe quite some way off. But it’d be nice to have a brewer on Freetrade apart from Diageo.

London Stock Exchange | London Stock Exchange

[userfy_123]

Fuller’s exits brewing with £250m sale to Japan’s Asahi

Subscribe to read | Financial Times

Market has reacted favorably up 22% on opening!

[Freetrade_Team1 (Freetrade_Team)]

We picked a good time to add them to the app then

Here’s some more coverage:

Evening Standard | The Guardian | The Independent

[Freetrade_Team]

Pretty good moment for investors, but it’s kind of sad to see another independent brewery swallowed by a conglomerate.

[Flatking (Ben Sheppard)]

What does this mean for people who bought stocks in Fuller? Will they get a payout based on stock and then not own any stock, or would it get transferred?

[Freetrade_Team1 (Freetrade_Team)]

Fuller will still be a public company so not much will change here. Sometimes companies in this situation pay a large dividend but we’ll have to wait & see