##{"id":57393,"date":"2010-11-04T09:56:26","date_gmt":"2010-11-03T22:56:26","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2010\/11\/04\/fosters-molson-coors-is-selling\/"},"modified":"2010-11-04T09:56:26","modified_gmt":"2010-11-03T22:56:26","slug":"fosters-molson-coors-is-selling","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2010\/11\/04\/fosters-molson-coors-is-selling\/","title":{"rendered":"Foster&#8217;s: Molson Coors&#8217; Is Selling"},"content":{"rendered":"<p>\n\tBy Rudi Filapek-Vandyck<\/p>\n<p>\n\tUS-Canadian beer brewer Molson Coors Brewing Co.&#039;s has used a conference call to announce it has begun selling the shares the company holds in Australia&#039;s Foster&#039;s Group ((FGL)).<\/p>\n<p>\n\tAccording to Dow Jones news, Molson Coors first disclosed the Foster&#039;s swap, which gave it exposure to nearly 5% of Foster&#039;s common stock, in 2008.<\/p>\n<p>\n\tAs the suggestion is that the selling is happening on market, the decision might put some short term pressure on the Foster&#039;s share price. Foster&#039;s shares were trading at around $6.20 by late October, but they&#039;ve fallen to around $5.80 in November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It was disclosed last night that Molson Coors is selling its shares in Foster&#8217;s.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[35,36],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/57393"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=57393"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/57393\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=57393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=57393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=57393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}