
Treasury Wine Estates has rebuffed hefty analyst scepticism over its acquisition of US wine brand Daou Vineyards, emphasising it was “absolutely the right fit for our portfolio”.
“Don't be concerned that this will take away from anything to do with the trajectory of Penfolds” – TWE CEO Tim Ford.
Treasury Wine Estates has rebuffed hefty analyst scepticism over its acquisition of US wine brand Daou Vineyards, emphasising it was “absolutely the right fit for our portfolio”.