Several hundred shareholders in Australian wine group BRL Hardy are expected to attend the meeting in the South Australian capital Adelaide tomorrow (Thursday) to vote on the A$1.9 billion (US$1.14 billion) takeover offer by US-based Constellation Brands.
But it is expected to be a foregone conclusion after BRL’s 10.3% shareholder, International Wine Investment Fund, earlier voted acceptance of the A$10.30 (US$6.30) cash or scrip offer.
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