Dear Client: Treasury Wine Estates announced this afternoon that it has reached an agreement to acquire Daou Vineyards for an upfront consideration of $900 million, plus an additional earn-out of up to $100 million. The acquisition includes the brand, the Daou Mountain Estate and hospitality site, four boutique luxury wineries and around 400 acres of vineyards … Continue reading “Treasury Wine Estates Acquires Daou Vineyards for $1 Billion”
You are unauthorized to view this page.
This Article was originally published on Wine and Spirits Daily
