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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...