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KKR’s Spurned Offer for Treasury Puts Focus on Penfolds
date:Jul 15, 2014
r focus on higher-priced wines in preference to the mass market.

We are publicly traded, so a return for our shareholders is very important, Penfolds Chief Winemaker Peter Gago said in an interview in London. But not at the expense of wine quality, not at the expense of style separation and differentiation; that isnt in tune with our objectives.

CEO Clarke has said that hes open to talks with buyout firm KKR or other investors. The potential of the vintners top brands may attract rivals such a

12/24 01:11