There had long been speculation that the beer sector or all of Foster's Group would be subject to a takeover by a larger firm. Groups to express such an interest over the years have included Diageo, the British-South African company SABMiller, Molson Coors and Heineken International. Foster's Group was renamed Carlton & United Breweries (CUB), and its wine business split into a separate company, Treasury Wine Estates, in May 2011. CUB was sold to SABMiller in September 2011, valued at (US$10.2bn; £6.5bn). Foster's Group Limited shares (ASX code: FGL) were suspended from trading on the ASX on 2 December 2011 and delisted from the ASX at close of trading on 20 December 2011.