Australian Vintage strategic review "not about being up for sale"
Australian Vintage has insisted its strategic review is not about the company being up for sale, despite speculation amid economic headwinds.
Source: just-drinks.com
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Australian Vintage Ltd (AUVGF) Receives a Hold from Bell Potter
In a report released today, Sam Brandwood from Bell Potter maintained a Hold rating on Australian Vintage Ltd (AUVGF – Research Report), w...
Source: businessinsider.com
TWE ASX: Penfolds power enables Treasury Wine Estates to lift dividend even as sales drop
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.
Source: afr.com
Platinum Equity stalks Carlyle Group's Accolade Wines
Street Talk understands American buyout group Platinum Equity is considering a move on Australia’s second-largest wine group.
Source: afr.com
Is it crunch time for Australian wine?
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.
Source: thedrinksbusiness.com