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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.

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