Treasury Wine Is Shopping Beringer & Everybody Wants It (And Maybe All Of TWE As Well)

The question is not who wants to buy Beringer — the prime mover in Treasury Wine Estates’ U.S. operation — but who doesn’t.

While hints of a Beringer sale have been drifting in the wind for months (some sources say, years) a frenzy of current emails has swamped Wine Industry Insight’s email inbox and indicates that a buying competition is shaping up with major players from China, Russia and the United States leading the charge.

There are so many suspects in the current melange that sorting them all out resembles trying to solve a murder mystery: who has opportunity, motive & means to carry out the deed?

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Also In This Article:

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

• TREASURY’S SHAKY POSITION

• CORPORATE DENIALS, AND A BACKTRACK
  

• CHINESE BUYER THWARTED BY POLITICS
  

• A LIST OF POTENTIAL BUYERS
  

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