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UPDATE 2-Sweetened $3.15 bln KKR offer for Treasury raises bidding war prospects

2014-08-04 04:21:25| Beverages - Topix.net

Australia's Treasury Wine Estates is opening its books to Kohlberg Kravis Roberts & Co LP after the private equity giant hiked its takeover offer to $3.15 billion, raising the prospect of a bidding war for the world's No.2 winemaker.

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