date:Aug 13, 2014
Treasury Wine Estates (TWE) has received a takeover bid from an unnamed private equity investor within a week after Kohlberg Kravis Roberts (KKR) made a revised offer of $3.15bn.
The latest offer matches KKR's, valuing TWE at $5.20 per share.
TWE said in a statement that the 'global private equity investor' has requested to keep its identity confidential 'for a period of time'.
The Board of TWE has concluded that it is in the interests of its shareholders to engage further with this private e