date:Aug 04, 2014
reholders to engage further with KKR and Rhone, the statement read.
In addition to a possible sale, TWE is continuing to rebuild the health of its balance sheet following last financial years write-off of close to 600,000 cases of wine.
Last month, TWE announced its expansion into the $US39 billion global travel retail market by securing shelf space at some of the worlds top airports, cruise liners and duty free shops.
According to TWE, the wine category has remained relatively undeveloped at