Treasury Wines buys Napa Valley company for $434 million

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Treasury Wine spent $434 million on a Napa Valley wine company in California today, according to Sky News Business Editor Ross Greenwood.

The business they have bought is Family Frank Vineyard, whose namesake was a well known Disney executive in the 1980s and 1990s.

Treasury Wine said the vineyard “fills a key portfolio gap for luxury chardonnay” as some of the wines produced sell for US$250 each.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines