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Tag Archive: Australia

TWE Narrowly Meets Guidance, Putting Bidding War In Doubt

Treasury Wine Estates (TWE) has revealed currency-adjusted EBITS of A$193 million ($179m) for its full fiscal year ended in June, meeting its guidance by a slim margin. Continue reading →

Posted in News on August 21, 2014

Former Beringer Owner Reportedly Behind New Bid For Treasury

A new contender has emerged in the race to acquire Treasury Wine Estates. Continue reading →

Posted in News on August 11, 2014

Bright Food Reportedly Out Of Treasury Hunt

China’s Bright Food has reportedly taken itself out of the running to acquire Treasury Wine Estates. Continue reading →

Posted in News on August 5, 2014

Treasury Lifts Penfolds Sales With Vintec Promotion

Treasury Wine Estates (TWE) has boosted sales of its flagship Penfolds brand this month, thanks to a successful promotion with Vintec wine refrigerators in its home market of Australia. Continue reading →

Posted in News on July 29, 2014

Treasury Rumors Continue To Fly, With LVMH Added To List Of Potential Suitors

While Treasury Wine Estates has declared its fiscal year starting in July as a “reset year” in which the company will amp up marketing activities and attempt a turnaround, rumors about a possible sale of the group continue to swirl. Continue reading →

Posted in News on June 26, 2014

Australian Wine Imports Still Sliding In U.S., But Value-Per-Liter Is Finally On The Rise

Australian wine import volume in the U.S. fell by 11% last year to 174 million liters, and total value was down 2.4% to A$440 million ($393.4m). Continue reading →

Posted in News on March 11, 2014

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