Treasury Wine surges as KKR bid puts Grange-maker in play
date:May 21, 2014
ike Clarke told a conference call after the market closed.

Its now got a For Sale sign on it so itll be on the radar of a lot of international players, Peter Esho, chief market analyst at Invast Securities Co., said by phone. When cheap moneys lying around and you have an asset thats been distressed for a while, its a perfect recipe for deal flow.

Treasurys market capitalization of A$2.64 billion as of yesterday was about 16% less than its book value, making it a target amid rising wine consum
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