News

AUSTRALIA: Cabonne raises A$8m in rights issue

Most popular

'Healthy alcohol - the trend to watch in 2019?

What will be Ian Curle's Edrington legacy?

The beer category in 2019 - just-drinks predicts

Is craft spirits approaching a reset moment?

MORE

Cabonne, the Australian winemaker, announced today that it had raised A$8.09m through a renounceable rights issue of ordinary shares. The company also plans to raise another A$12.5m with a placement of converting preference shares to exploit a strong demand in sales.   The success of the rights issue, the company said today, reflected the appreciation of the progress made by the company on its strategy of becoming a fully integrated multi-branded wine company with established international distribution channels.


Related Content

Why wine has become a slave to water - Comment

Why wine has become a slave to water - Comment...

What effect would a sugar tax have on India's burgeoning soft drinks category? - Comment

What effect would a sugar tax have on India's burgeoning soft drinks category? - Comment...

Summer's here! So is a global trade war - The just-drinks Analyst

Summer's here! So is a global trade war - The just-drinks Analyst...

"How do we make Bacardi relevant to Millennial consumers?" - Interview, Bacardi CEO-in-waiting Mahes...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?