Brown-Forman, the major US drinks company, has announced a strategic review with a view to offloading its Californina-based wine assets.

Foster's rejects wine offer

10 September, 2010

The Foster’s Group (Foster’s) board of directors has rejected an offer for its Treasury Wine Estates. Foster’s received an “unsolicited expression of interest” from an international private equity firm to acquire the wine assets of Treasury Wine Estates. The proposal involved a cash consideration of between $2.3billion and $2.7billion for 100% of the assets.

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Tess Posthumus

Talking the challenges of cocktail weeks

Having recently returned from the US visiting both Oakland and Arizona Cocktail Weeks I was amazed by the differences in approach. In Oakland there was a much bigger trade focus and it felt more relaxed, whereas in Arizona it was one massive party for consumers.

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