In a third big vineyard sale, family - owned Kingston
Estate Wines snapped up the 252 - hectare New Residence vineyard near Loxton in South Australia's Riverland region from a Seven Fields investment syndicate for an undisclosed sum.
Shares in Treasury
Wine Estates, the world's biggest listed winemaker and owner of brands such as Penfolds, Wolf Blass and Rosemount, have rocketed nearly 15 per cent this morning on rumors that global French drinks giant Pernod Ricard could be circling to snap up key assets of the business including its billion dollar US vineyards and wine lab
Wine Estates, the world's biggest listed winemaker and owner of brands such as Penfolds, Wolf Blass and Rosemount, have rocketed nearly 15 per cent this morning on rumors that global French drinks giant Pernod Ricard could be circling to
snap up key assets of the business including its billion dollar US vineyards and
wine lab
wine labels.