Backdoor listing for Accolade on the table in AusVintage deal
Simon EvansSenior reporter
The largest shareholder in McGuigan and Tempus Two owner Australian Vintage is backing a potential merger with Australia’s second-largest wine group, Accolade Wines, which could bring Accolade to the ASX via a backdoor listing.
The potential deal would borrow from the playbook deployed by pharmacy giant Chemist Warehouse and the much smaller Sigma Healthcare, revealed in December.
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