Billions offered in second bid for world’s largest winemaker

Posted on 11 Aug 2014 by Callum Bentley
er of studies show that wine is in better condition for the end consumer if it is bottled in country of sale, as opposed to country of origin.

A second multi-billion-dollar takeover bid has been made for the world’s largest listed winemaker, Australian company Treasury Wine Estates.

US firm KKR only recently made its own joint offer for the company alongside fellow US private equity firm Rhone Group. However the latest offer, believed to be worth A$3.8bn (£1.88bn) has come from another, as yet unnamed, private equity firm. Treasury Estate Wines owns brands including Wolf Blass, Rosemount, Lindemans and Penfolds. Despite an…

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