Hints and tips:
...Michael Clarke, chief executive, said the acquisition “will be a game-changer for our US brands.” The Australian company will gain US wine brands Sterling Vineyards, Beaulieu and Acadia....
...“I think it is over,” Michael Clarke, Treasury chief executive, told analysts on a conference call when asked if he thought further offers would be tabled....
...The maker of Penfolds, Lindemans, Rosemount Estate, Beringer and others wines said net sales rose 1 per cent to A$1.7bn....
...KKR has teamed up with fellow US private equity group Rhône Capital to submit a sweetened A$3.4bn (US$3.2bn) bid for Treasury, which owns popular brands such as Penfolds, Lindemans and Rosemount Estate....
...And second, push its brands, which include Lindeman’s, Wolf Blass and Penfolds....
...The company, which owns popular brands such as Penfolds, Lindemans and Rosemount Estate, said on Tuesday that it would remain open to further offers but would focus on implementing its own A$35m cost-cutting...
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