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M&A Watch - Counter-Bid Seals Fate for Treasury Wine Estates

2014-08-11 15:24:00| Daily beverage news and comment - from just-drinks.com

Earlier this Summer, I argued that TWE's shareholders should sell out to Kohlberg Kravis Roberts & Co (KKR), on the basis that long-term structural changes in the global wine market are unfavourable to TWE's business model.

Tags: watch wine fate treasury

 

AUS: Treasury Wine Estates receives competing takeover bid

2014-08-11 02:24:00| Daily beverage news and comment - from just-drinks.com

One week after Kohlberg Kravis Roberts & Co (KKR) and Rhone Capital pitched a joint-takeover bid for Treasury Wine Estates, another "global private equity investor" has thrown its hat into the ring for the Australia-headquartered wine group.

Tags: aus bid wine receives

 
 

US: Columbia Crest Wine Estates puts consumers in charge with "crowd-sourced" wine

2014-08-04 16:42:15| Daily beverage news and comment - from just-drinks.com

Columbia Crest Wine Estates is to "crowd-source" a new Cabernet Sauvignon wine, with consumers voting on everything from how the grapes are grown to what blend to use.

Tags: charge wine columbia consumers

 

Editor's Viewpoint - No Starting of Engines for Treasury Wine Estates

2014-08-04 15:40:00| Daily beverage news and comment - from just-drinks.com

With Kohlberg Kravis Roberts & Co returning to Melbourne with an improved offer for Treasury Wine Estates, and the Australian wine company not slamming the door this time, the future for Treasury looks pretty sealed down.

Tags: starting wine editors engines

 

AUS: Treasury Wine Estates to "engage further" after US$3.2bn takeover proposal

2014-08-04 11:57:00| Daily beverage news and comment - from just-drinks.com

Treasury Wines Estates (TWE) is to open up its books after receiving an increased AUD3.4bn takeover proposal from two private-equity suitors.

Tags: aus wine proposal engage

 

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