SOUTH AFRICA: Compromise reached in battle for KWV
Representatives from the KWV board and dissident shareholders, dubbed the "Group of Five", who each made proposals to shareholders about the future of the company/co-operative, have beaten out a compromise during 12 hours of intensive negotiations. The parties met on Friday and again on Monday to find common ground about the future of KWV's commercial interests, through the KWV Group, and that of the co-operative through a new entity called Wijngaard, which will serve the interests of the producer.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 14 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Scottish Independence and Scotch Whisky
- Comment - Heineken's 'No' Cuts SABMiller Options
- Irish whiskey eyes a slice of Scotch's global pie
- SABMiller spurned by Heineken: The start of the en
- Whisk(e)y leads vodka in US, but for how long?
- LIVE BLOG: Industry responds to Scotland 'No' vote
- Diageo ups Johnnie Walker Formula One presence
- William Grant opens Tullamore D.E.W. distillery
- Rabobank warns of "mountainous task" for Scotch
- Diageo's Special Releases 2014