date:May 23, 2014
nfidential discussions with KKR.
Treasury Wines said it learnt after the market closed on 19 May 2014 that KKR (and advisors) had spoken to one or more of Treasury Winess shareholders and therefore there was a risk that the confidentiality of the KKR proposal had been lost. Accordingly, Treasury Wines said it announced its rejection of the offer to ensure there was an informed market for Treasury Wines shares.
KKR confirmed that its advisors had held discussions with certain shareholders of Tr