Subject to that being completed, formal documentation will be agreed and forwarded to Cranswick shareholders, with a shareholders’ meeting at Cranswick expected to be convened in mid-October.
AUSTRALIA: Cranswick/Evans & Tate deal on track
The proposed merger between the two Australian wine companies, Evans & Tate and Cranswick Premium Wines Ltd, is moving towards completion. The two companies notified the Australian Stock Exchange that the formal process of due diligence is continuing and is expected to be completed by late-August.