October 19, 2022
Afternoon Brief, October 19th
Treasury Wine Estates Announces Completion of Château Lanessan Acquisition: Treasury Wine Estates Ltd (TWE), one of the world’s leading premium wine companies, today confirmed the completion of its majority acquisition of Château Lanessan, one of the oldest estates in Bordeaux, France. The acquisition is the latest step in bolstering Penfolds multi-regional luxury wine portfolio, doubling the existing production capacity for Penfolds in France...
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