Tag: Laurence Faller
Afternoon Brief, May 20
Treasury Wine Estates Rejects Kohlberg Kravis Roberts Offer:
Treasury Wine Estates Ltd. rejected a 3.05 billion Australian dollar (US$2.85 billion) takeover bid from Kohlberg Kravis Roberts & Co., pitched as the world's No. 2 vintner grapples with a string of setbacks including poor U.S. sales that forced it destroy thousands of gallons of wine last year...
Afternoon Brief, May 19
Wine makers fight off casino plan in California:
The threat of a Las Vegas-style casino opening in the lush fields of Californias Napa Valley is rousing the makers of some of the worlds most celebrated wines into a pitched community fight...