Treasury Wine Estates

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M&A Watch - Treasury Wine Estates Shareholders Should Grasp Opportunity to Sell

23 Jun 2014

Last month, Treasury Wine Estates (TWE) turned down a US$2.85bn takeover bid from Kohlberg Kravis Roberts & Co (KKR). While an improved bid has not yet materialised, Stefan Kirk from M&A practitioner Glenboden believes that the wine firm's shareholders should ponder selling up sooner rather than later.

EXCLUSIVE - LWF 2014 : 'Treasury Wine Estates must stay in Australian hands' - Australian Vintage CEO

3 Jun 2014

The CEO of Australian Vintage has revealed he would prefer rival firm Treasury Wine Estates (TWE) not to be sold to a foreign company.

just the Facts – The Power 100 2014

2 Jun 2014

Earlier today (2 June), brand valuation consultancy Intangible Business released the results of its latest survey of the world's wine and spirits brands. Here's a look at 'The Power 100', along with the methodology used to draw up the list.

just For Subscribers - The week in drinks

23 May 2014

Here are the ten most viewed, subscriber-only items on just-drinks this week:

just the Round-Up - The week in drinks

23 May 2014

The top ten stories published on just-drinks this week:

just On Call - "Hundreds" of jobs on line as Treasury Wine Estates prepares cuts

21 May 2014

Treasury Wine Estates may cut up to 5% of its workforce as part of a cost-cutting plan intended to turnaround falling profits and stave off takeover bids.

Editor's Viewpoint - Has Treasury Wine Estates found its map in time?

20 May 2014

Who'd have thought it? Treasury Wine Estates, a company that, in the recent past, has scrabbled around trying to find someone to buy its wine business, has finally received a takeover offer. And, they've only gone and rejected it.

AUS: Treasury Wine Estates to fund brand investment with US$30m cost savings

20 May 2014

Treasury Wine Estates is targeting savings of AUD35m (US$32.7m) in its next fiscal year as the firm looks to turn around its performance.

AUS: Treasury Wine Estates bats away private equity takeover bid

20 May 2014

Treasury Wine Estates has received - and rejected - a takeover offer from private equity firm Kohlberg Kravis Roberts & Co.

Analysis - Constellation Brands' wine business is no small beer

16 May 2014

The talk around Constellation Brands has been all about beer of late. The US firm's full capture of Grupo Modelo's US business last year, as well as one of the now Anheuser-Busch InBev-owned company's Mexican breweries, has seen suds dominate discourse around the group.

AUS: Treasury Wine Estates denies Constellation Brands talks over US unit

15 May 2014

Treasury Wine Estates (TWE) has moved to deny speculation that it is in talks to sell its US business to Constellation Brands.

Preview - Tax Free World Association Asia Pacific Conference & Exhibition 2014

9 May 2014

On Sunday (11 May), the Asia Pacific leg of Tax Free World Association's exhibition series kicks off. The event takes place against a backdrop of trading ills for international drinks companies in the domestic Chinese market. Joe Bates previews the exhibition and considers whether the China travails will seep into the region's broader Travel Retail channel.

UK: Treasury Wine Estates targets convenience channel boost

2 May 2014

Treasury Wine Estates is upping its focus on the UK convenience retail sector as it claims there is a “significant opportunity” to boost wine sales in the channel over the next five years.

AUS/US: Treasury Wine Estates calms Pernod Ricard US purchase talk

2 May 2014

Treasury Wine Estates has moved to quash speculation linking Pernod Ricard with its US wine assets.

Product Launch - GLOBAL: Treasury Wine Estates' 2010 Penfold's Bin 170 Kalimna Shiraz

2 May 2014

Treasury Wine Estates has released a 2010 vintage Penfold's Bin 170 Kalimna Shiraz.

US: Treasury Wine Estates appoints new Beringer brand chief

16 Apr 2014

Treasury Wine Estates (TWE) has recruited a former E&J Gallo and Heinz executive to take responsibility for its Beringer wine brand domestically and globally.

Comment - A Praiseworthy Performance From Treasury Wine Estates' New CEO?

9 Apr 2014

When news broke in February that Michael Clark was to move to Australia to lead Treasury Wine Estates, I advised the Englishman to pack a flak jacket.

Comment - Wine - Oregon Moves from Cottage Wine Industry to Mainstream

7 Apr 2014

Foley Family Wines' first acquisition in Oregon, announced last week, is a reminder of the growing stature of the US state among wine producers and consumers alike.

PROWEIN: Maison Sichel targets China growth after record year

25 Mar 2014

Wine merchant Maison Sichel is to up its focus on China after a record year in the country.

PROWEIN: Filling CEO post a "challenge" - Accolade Wines

25 Mar 2014

The head of Accolade Wines' UK unit has said finding a CEO for a wine company is a “challenge” because candidates must possess the right mix of skills.

Product Launch - NZ/EUROPE: Treasury Wine Estates' Matua Lands & Legends

24 Mar 2014

Treasury Wine Estates (TWE) has launched an extension to its New Zealand Matua label that aims to further drive growth in the region's wine.

US: Treasury Wine Estates switches Americas marketing chiefs

11 Mar 2014

Treasury Wine Estates has confirmed a change of VP of marketing for the Americas, with the previous incumbent vacating the position after less than four months.

GLOBAL: Jackson Family Wines eyes Italy for acquisitions - president

7 Mar 2014

Jackson Family Wines remains in “growth mode” with Italy, its primary target for acquisitions, according to the California-based group’s president.

just the Answer - Jackson Family Wine's president Rick Tigner

6 Mar 2014

Jackson Family Wines’ president Rick Tigner sprung to prominence in the US through appearing on reality TV show ‘Undercover Boss’. But, away from the bright lights of TV-world, the 52 year-old remains focussed, both domestically and globally, on the California-based company he leads. Here, just-drinks’ deputy-editor James Wilmore talks to Tigner about working for America’s other famous Jackson family

Comment - Analysts Ire at New Treasury Wine Estates Head Masks Real Target

21 Feb 2014

When Michael Clarke makes the move from London to Sydney for Treasury Wine Estates at the end of next month, he may want to consider packing a flak jacket.

just On Call - Treasury Wine Estates backs new CEO as flak flies

21 Feb 2014

Treasury Wine Estates has defended its decision to appoint a CEO with no alcohol retail experience, saying new head Michael Clarke is a “heavy hitter” with a proven track record.

AUS: Treasury Wine Estates shares fall 20% after profits warning

30 Jan 2014

Treasury Wine Estates share price has slipped 20% after the group revised its earnings outlook for the financial year.

AUS: Treasury Wine Estates warns of plunging profits in H1, FY

29 Jan 2014

Treasury Wine Estates has followed yesterday's share trade suspension with a profits warning for its current fiscal year.

Comment - Treasury Wine Estates' Torment Ticks On

28 Jan 2014

The tough times at Treasury Wine Estates (TWE) appear to be getting tougher.

Review of the Year 2013 - Part IV: Wine

23 Dec 2013

The final just-drinks management briefing of the year takes a look back at the last 12 months in the global drinks industry. The penultimate chapter in this five-part briefing reviews 2013 for wine.








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