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30 June 2023 at 4:45pm
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[ARTICLE] Treasury Wine in $1.6b bet on California’s Daou Vineyards

A news article has been posted about Treasury Wine Estates on the AFR. The article was published around , on 31 October 2023 at 12:19pm.

The chief executive of Treasury Wine Estates aims to turn the high-end Californian wine group Daou Vineyards which is being acquired in a deal worth up to $US1 billion ($1.6 billion) into a global brand like the Australian company’s flagship Penfolds.

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TWE was $11.23 at the close of trade on 30 June 2023

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