Hong Kong Tycoon Offers $40 Mil For Napa Valley Winery & Vineyard

Hong Kong investment and factoring company Goldin Financial Holdings (HKEX:530), said Wednesday in a public filing (available to Wine Executive News subscribers) that they were acquiring an as-yet-unidentified Napa Valley vineyard and winery for $40 million and that the deal was expected to close today.

The Goldin filing also stated that the “book value” of the entire deal is $14 million.

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Also In This Article:

The full text of the following sections is available to Wine Executive News).

• DETAILS OF DEAL & IDENTITY OF WINERY

• U.S. SUBSIDIARY – GOLDIN FACTORS – IS HANDLING PURCHASE

• BUILDING THE WORLD’S LARGEST WINE DISTRIBUTION CENTER

• HARD-CHARGING TYCOON: POLO, WINE, LUXURY

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