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Tag Archive: Treasury Wine Estates

Treasury Mulls Selling Vineyards, Eyes Global Expansion For Etude

Treasury Wine Estates (TWE) CEO Michael Clarke says the wine giant may look to sell some vineyard and infrastructure assets looking ahead, as it transitions to a more brand- and marketing-focused company. Continue reading →

Posted in News on November 19, 2014

News Briefs for November 10, 2014

•In an effort to cut costs, Treasury Wine Estates (TWE) has opted to shut down its South Australia-based Ryecroft Winery. Continue reading →

Posted in News on November 10, 2014

Impact 39th Annual Marketing Seminar Program Announced

New York-based M. Shanken Communications, Inc. has announced the program for the 39th Annual Impact Marketing Seminar, the preeminent global conference for the beverage alcohol industry. Continue reading →

Posted in News on November 5, 2014

Treasury, Refocusing Penfolds On The U.S., Unveils Latest Vintage Of Grange In New York

Earlier this year, Treasury Wine Estates shifted the annual release of its Penfolds luxury wines to October (replacing the previous dates of March and May) to bolster availability in the run-up to the holidays. Continue reading →

Posted in News on October 15, 2014

Treasury CEO Cites Debt, Regulatory Issues As Barriers To Deal

Following Treasury Wine Estates’ announcement yesterday that it had ended takeover talks with KKR and another suitor thought to be TPG Capital, Treasury CEO Michael Clarke noted on a conference call that, in addition to shareholder dismay at the A$5.20 ($4.54) a share price on offer, debt and regulatory issues impeded an agreement between the parties. Continue reading →

Posted in News on September 29, 2014

Treasury Wine Estates Said To Receive Formal Offers From KKR, TPG

Two private equity firms launched formal bids for Treasury Wine Estates (TWE) earlier today, according to Australian press reports. Continue reading →

Posted in News on September 26, 2014

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