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Treasury Wines deepens US push with $433.5m Napa Valley acquisition – The Sydney Morning Herald

The ASX-listed winemaker has splashed nearly half a billion to buy a luxury wine business in California in the latest sign of…

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Australias biggest winemaker Treasury Wines has splashed out $433.5 million to acquire a luxury wine business in Californias Napa Valley in the latest sign of its deepening push into the lucrative American market.
Treasury, which owns the Penfolds label…

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