Second fund turns big wine takeover into bidding war
Nevil Gibson Tue, 12 Aug 2014
Another US private equity group has emerged as a rival bidder for Australia’s largest wine company.
Treasury Wines Estates – split off from Foster’s Group in 2011 – already has a $A5.20 a conditional share offer from KKR and Rhome Group, which are doing due diligence.
That bid values
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