Pernod Ricard rumoured to be mulling Treasury Wine takeover
08 March 2021 By Ron Emler
Rumours have began circulating that Pernod Ricard is mulling a takeover of Treasury Wine Estates, though their veracity has not been confirmed.
Shares in Australia’s troubled Treasury Wine Estates jumped by more than 7% today on unconfirmed rumours that it had received a takeover bid.
Reports originating overnight in London tipped Pernod Ricard as the suitor but Treasury, Australia’s largest producer, has not commented on them. A spokesperson from Pernod Ricard said the company had “no comment” on the speculation.
Treasury’s shares jumped to AU$10.31 on the speculation that it had received a bid worth about £5 billion. They halved to below AU$8 late last year after China slapped tariffs of up to 212% on wines from Australia, effectively shutting the market.
If a consumer wants to buy milk from a dairy that treats its cows kindly, Kreider Farms can do more than just say it does. Kreider Farms now has proof.
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12 female-owned drinks brands to seek out and sip 8th March, 2021 by Lucy Shaw
In celebration of International Women’s Day today, we’ve rounded up a dozen dynamic drinks brands, from wine and beer to whisky, that are owned and run by women.
Double Dutch
Joyce and Raissa de Haas of Double Dutch
Dutch twins Joyce and Raissa de Haas founded premium mixer brand Double Dutch in 2015 after securing an initial investment from UCL to develop their first two flavours: Cucumber & Watermelon, and Pomegranate & Basil. Today the twins sell 750,000 mixers a month from a 10-strong range in 26 global markets.
Designed for high-end spirits and cocktails, among the expressions in the range are: Cranberry & Ginger, Skinny Tonic Water, Soda Water and Ginger Beer. The mixers are stocked at bars and restaurants across the UK and are also available at Wa
Monday, March 8
12:30 p.m. â Dickinson Law will host Jasmine Rand to share her experience as an attorney in a virtual discussion titled âOppression of Equality: Being the Only Women in the Room.â
Rand is an attorney for the Trayvon Martin and Michael Brown families as well as an international legal and media strategist for the George Floyd legal team. Registration for the online event can be found here.
3 p.m. â âWhat Messed with Texas, and Could it Happen Here?â is a webinar where Penn State energy experts will discuss the winter storm in Texas and what they learned in relation to the northeast.