Australian beer giant Foster's Brewing Group Ltd. will buy Beringer winery, one of California's largest and most venerable vintners, in a deal worth $1.5 billion, the brewer said yesterday.

Australian brewer and wine maker snags Beringer for $1.2 billion in cash NEW YORK (CNNfn) - Beringer Wine Estates, one of the oldest wineries in California's Napa Valley, agreed Monday to be ...