je.st
news
Treasury Wine shares climb to record after deal to buy Diageo U.S., British assets
2015-10-19 06:05:51| Beverages - Topix.net
Treasury said on Monday it expects a A$486 million rights issue to finance the deal will be successful. The investor response cements a turnaround in sentiment towards the home of the Penfolds wine label as Chief Executive Officer Michael Clarke reshapes its growth strategy, buying upscale wine brands from London-listed Diageo.
Tags: us
buy
record
deal
Category:Food and Related Products
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||