Page 3 - Tempus Two News Today

Australian Vintage has insisted its strategic review is not about the company being up for sale, despite speculation amid economic headwinds.

In a report released today, Sam Brandwood from Bell Potter maintained a Hold rating on Australian Vintage Ltd (AUVGF – Research Report), w...

Drinkers at the premium end of the market are still spending, even after price rises across major brands – but lower sales of cheaper wines dragged on Treasury.

Street Talk understands American buyout group Platinum Equity is considering a move on Australia’s second-largest wine group.

The fact that Australian Vintage, valued at AU$110m (£57m) on the Australian stock market, has effectively put itself up for sale underlines how tough times are for wine companies Down Under.

Australian Vintage shares jump 10% as the company announces a strategic review to unlock shareholder value. The review will be run by the corporate advisory firm E&P.

Twenty-four deep technology and science-based firms will share in $50 million of federal collaborative research grants to be announced on Friday.

From beers, wines and spirits to mocktail-style drinks available ready to pour, here is a list of options available for you right now.

Australian winemaker, pub group operator and liquor chain brand owner Endeavour Group hinted it sees opportunities grow its portfolio.

A sharp slide in sales is forcing retailers to accelerate discounting and promotions amid warnings that the downturn in consumer spending could be deeper than during the early 1990s recession.