date:Aug 13, 2014
its from management's renewed strategic plans.
TWE announced a change in its strategy in June, wherein it has decided to separate the management of its commercial brandportfolio in Australia from its Luxury Masstige portfolio. It is also planning to bring in structural reforms and introduce major marketing initiatives in 2015.
According to the board, a buyout offer would be weighed based on the strategic plans that have already been made by the company.