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DAOU Vineyards is sold to Treasury Wine Estates after San Diego winery's Lebanese migrant founders agree to $1 BILLION deal - Vimarsana News

DAOU Vineyards is sold to Treasury Wine Estates after San Diego winery's Lebanese migrant founders agree to $1 BILLION deal

DAOU Vineyards owned by Lebanese brothers Georges and Daniel Daou has agreed to be bought by Australia's Treasury Wine Estates, one of the largest vintners in the world.

Wine company to acquire Daou Vineyards in $900 million deal - Vimarsana News

Wine company to acquire Daou Vineyards in $900 million deal

Daou Vineyards was founded in 2007 by brothers Georges and Daniel Daou – Wine company Treasury Wine Estates Ltd has announced its agreement to acquire […]

ASX EDV; Endeavour chairman says he seeks 'constructive resolution' with pubs billionaire - Vimarsana News

ASX EDV; Endeavour chairman says he seeks 'constructive resolution' with pubs billionaire

Peter Hearl clashed with a representative of major shareholder Bruce Mathieson accusing the pubs billionaire of destabilising the company.

Source: afr.com
TWE ASX: Treasury Wines grilled over $1.6b Daou buyout, but investors are hopeful - Vimarsana News

TWE ASX: Treasury Wines grilled over $1.6b Daou buyout, but investors are hopeful

Boss Tim Ford drew heat from analysts over the timing of the deal, but investors think those concerns may be overplayed.

Source: afr.com
Treasury Wine Estates buys Daou Vineyards for US$900 million - Vimarsana News

Treasury Wine Estates buys Daou Vineyards for US$900 million

Penfolds owner Treasury Wine Estates has agreed to acquire California's DAOU to "fill a gap" in its luxury offering.