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AUSTRALIA: IWIF Invests A$6m In Rhone Winemaker

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Australia's The International Wine Investment Fund is to place A$6m (US$3.11m) into the French wine group Gabriel Meffre in the Rhone Valley as part of an international expansion strategy. The move comes shortly after unitholders in the IWIF voted to free up the Fund's borrowing limits and the restrictions on overseas investments, according to reports in Industry Search.com.au.


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