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Treasury Wine Estates to consider Diageo's Sterling Vineyards division

2015-10-02 09:53:49| Beverages - Topix.net

Diageo's Sterling Vineyards in California's Napa Valley is a much more likely target for Treasury Wine Estates, because it is at the luxury end of the wine category. Treasury Wine Estates, owner of Penfolds, Wolf Blass and Rosemount, may look closely at buying the Sterling Vineyards wine brand in California but is likely to steer clear of other lower-end brands that British alcoholic drinks giant Diageo is putting up for sale.

Tags: division wine sterling treasury

 

Diageo, Treasury Wine Estates tight-lipped on wine sale speculation

2015-10-01 11:50:00| Daily beverage news and comment - from just-drinks.com

Diageo and Treasury Wine Estates have refused to be drawn on speculation that Diageo is about to offload its wine business, which includes Blossom Hill, to Australia's Treasury Wine Estates.

Tags: sale wine treasury estates

 
 

Diageo 'in talks' with Treasury over wine unit

2015-09-30 19:30:28| Beverages - Topix.net

Diageo is reportedly in "detailed talks" with Treasury Wine Estates about selling off its Global Wine Unit, which includes brands like Blossom Hill and Piat d'Or. The drinks giant behind global brands like Johnnie Walker and Smirnoff is planning offload its winemaking arm in response to "City pressure" to improve its performance, Sky News reports.

Tags: unit wine talks treasury

 

Federated Enhanced Treasury Income Fund (FTT) to Issue Monthly Dividend of $0.03

2015-09-12 02:41:52| Industrial Machines - Topix.net

Federated Enhanced Treasury Income Fund declared a monthly dividend on Friday, September 11th, MarketBeat.Com reports. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.028 per share by the investment management company on Wednesday, September 30th.

Tags: issue monthly income fund

 

Treasury Wine Estates head paid AUD3.23m in first year

2015-09-02 11:52:00| Daily beverage news and comment - from just-drinks.com

Treasury Wine Estates' CEO, Michael Clarke, earned AUD3.23m (US$2.26m) for his first full year in the job, with future bonuses liable to add another million.

Tags: year head paid wine

 

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