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Tag Archives: Treasury Wine Estates

• Ok, so there’s no global wine shortage

Ok, so there’s no global wine shortage

Have you heard about the global wine shortage? Of course you have: it’s been covered in pretty much every media outlet imaginable, but Roberto Ferdman’s piece for Quartz (“A global wine shortage could soon be upon us”) was one of the first, and also one of the most detailed. Still, it was the classic single-source […]

• Bar set at $3.1bn for Foster's wine assets

Bar set at $3.1bn for Foster's wine assets

PRIVATE equity investors will need to bid at least $3.1 billion for Foster’s wine business, according to analysts. They may also need to join forces with another buyer willing to take the beer division. Foster’s on Wednesday revealed it had turned down an offer of between $2.3bn and $2.7bn from a US private equity firm, […]