Tag: Altria
Afternoon Brief, July 9th
Altria Reaches Agreement to Sell Its Ste. Michelle Wine Estates Business: Altria Group, Inc. (Altria) today announced that its subsidiary, UST LLC, has entered into a definitive agreement to sell its Ste. Michelle Wine Estates (Ste. Michelle) business to Sycamore Partners Management, L.P., a private equity firm specializing in consumer, retail, and distribution investments (Sycamore Partners), in an all-cash transaction with a purchase price of approximately $1.2 billion and the assumption of certain Ste. Michelle liabilities (Transaction)...
Afternoon Brief, April 10
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Trending Story:
Truett-Hurst picks California paper wine bottle supplier
Truett-Hurst, Inc. (Nasdaq: THST) on Thursday said it signed a deal with an...
