date:May 21, 2014
s probably worth at least A$3 billion in a takeover and its US assets could go for A$800 million, David Errington, an analyst at Bank of America Corp.s Merrill Lynch unit, wrote in a Feb. 13 note to clients.
The company has underperforming brands as well as unused winery and packaging assets it would be prepared to sell, Clarke said in an April 8 interview.
China Sales
Theres definitely demand for premium wines in emerging Asian markets and they have quite strong sales into China, Daniel Muel