Brown Forman's Sale Of Wine Business Could Be Prelude To Acquisitions

In the same week that US wine giant Constellation Brands was reported to be mulling the sale of its Australian and UK wine business, US drinks firm Brown-Forman has confirmed that it is considering offloading the majority of its wine operations. The firm has said it is currently reviewing its wine operations and is expected to come to a decision on a sale within the next six months. The firm has said that super-premium brand Sonoma Cutrer is not included in the process but that the rest of the unit is up for review. A sale would allow the firm

To read the full article, please choose one of the following options: