
KKR, Rhône make renewed $3.15b offer for Australia wine-maker
KKR, together with Rhône Capital, has made a revised A$3.37 billion ($3.15 billion) offer to acquire Australia Securities Exchange (ASX)-listed Treasury Wine Estates.
According to a stock market disclosure, the revised, non-binging proposal is to acquire all shares in the Melbourne-headquartered wine maker for A$5.20 cash per share. This represents an A$0.50 - or 10.6%...
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