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Diageo to further offload wine business

2015-10-21 13:02:15| Beverages - Topix.net

Diageo is putting its Chalone Vineyard winery up for sale after it was left out of last week's A 361 million deal with Treasury Wine Estates. Treasury reportedly turned down the offer to buy Chalone from Diageo - instead opting to buy its Sterling, Beaulieu and Blossom Hill brands - because it already produces plenty of Chardonnay wines.

Tags: business wine offload diageo

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