The financial woes of Australia’s Southcorp wine group continue in the wake of its latest profit revision.

Ratings agency, Standard & Poor, has put it on a ratings watch for a downgrade and investors have sold its stock lower for seven consecutive days.

Since this week’s profit downgrade, Southcorp has been the subject of critical reporting in the Australian press which has also heightened speculation of a takeover bid possibly by the Fosters Group or Britain’s Diageo. This is in spite of the 20% shareholding held by the Oatley family to which Keith Lambert, Southcorp’s chief executive, is related by marriage.

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De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.

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