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CANADA: Diamond Estates Wines and Spirits sees FY losses widen

2014-06-24 14:10:00| Daily beverage news and comment - from just-drinks.com

Diamond Estates Wines and Spirits has said it will "significantly improve" the company's profitability in the coming fiscal year after full-year losses increased.

Tags: canada diamond losses sees

M&A Watch - Treasury Wine Estates Shareholders Should Grasp Opportunity to Sell

2014-06-23 15:40:21| Daily beverage news and comment - from just-drinks.com

Last month, Treasury Wine Estates (TWE) turned down a US$2.85bn takeover bid from Kohlberg Kravis Roberts & Co (KKR). While an improved bid has not yet materialised, Stefan Kirk from M&A practitioner Glenboden believes that the wine firm's shareholders should ponder selling up sooner rather than later.

Tags: to sell watch opportunity

US: Michael Mondavi Family Estates sells Napa facility, eyes new property

2014-06-06 16:41:03| Daily beverage news and comment - from just-drinks.com

Michael Mondavi Family Estates has sold its Carneros Napa Valley facility to US businessman Kieu Hoang and is set to acquire a new "boutique" facility in the region.

Tags: family property michael eyes

EXCLUSIVE - LWF 2014 : 'Treasury Wine Estates must stay in Australian hands' - Australian Vintage CEO

2014-06-03 14:19:00| Daily beverage news and comment - from just-drinks.com

The CEO of Australian Vintage has revealed he would prefer rival firm Treasury Wine Estates (TWE) not to be sold to a foreign company.

Tags: stay hands exclusive wine

EXCLUSIVE - LWF 2014 : 'Treasury Wine Estates must stay in Australian hands' - Neil McGuigan

2014-06-03 13:40:26| Daily beverage news and comment - from just-drinks.com