AUS: Bendat underwrites Ferngrove rights issue

By Guy Grant | 5 July 2005

Jack Bendat, the US-born investor who sold Goundrey Wines to Vincor for A$62.5m in 2002, has again invested in the Western Australian wine industry by underwriting a A$10.2m rights issue for Frankland River-based Ferngrove Vineyard Estate.

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Jack Bendat, the US-born investor who sold Goundrey Wines to Vincor for A$62.5m in 2002, has again invested in the Western Australian wine industry by underwriting a A$10.2m rights issue for Frankland River-based Ferngrove Vineyard Estate.

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