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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Treasury Wine Estates Ltd | ASX:TWE | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.02 | 0.18% | 11.28 | 11.25 | 11.28 | 11.335 | 11.20 | 11.22 | 912,039 | 07:50:00 |
--Pernod Ricard SA may have approached Australia's Treasury Wine Estates Ltd. about a takeover that would value the wine maker at more than 5 billion pounds ($6.92 billion), British newspaper the Daily Mail reports, citing unnamed sources.
--The Australian company has already received an offer of 15.67 Australian dollars ($12.04) a share either from Pernod or from a U.S. private investment firm, according to the Daily Mail.
--Shares in Treasury Wine Estates in Sydney closed 6.4% higher at A$10.97 on Monday.
--A spokesman for Pernod Ricard declined to comment. Treasury Wine Estates didn't immediately respond to a request for comment.
Full story: https://bit.ly/3v5adPC
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(END) Dow Jones Newswires
March 08, 2021 08:07 ET (13:07 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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