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Australia's Treasury Wine denies in talks to be bought by Bright Food
date:May 26, 2014
Australia's Treasury Wine Estates Ltd, the world's No. 2 wine company, denied it was talks to be acquired by China's Bright Food Group Co Ltd , the latest potential suitor named in a string of media reports that have sent its share price surging.

Bright Food also denied the report of talks by the Australian Financial Review, which comes just three days after Treasury Wine rejected a A$3.1 billion ($2.9 billion) takeover bid from U.S. private equity firm KKR Co.

Treasury Wine, spun off from Fo

12/25 02:35