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Predators more bark than bite

Matthew Stevens | Treasury Wine Estate’s ballsy decision to call time on a private equity process that offered but never delivered is built partly on the sparkling diversion that the owners now believe it is worth more than the predators were prepared to pay.

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Treasury Wine Estate ’s ballsy decision to call time on a private equity process that offered but never delivered is built partly on the sparkling diversion that the company’s owners now believe it is worth more than the predators were prepared to pay.

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Matthew Stevens writes on business, specialising in mining, energy and opinion. Matthew is a senior business writer and columnist. Email Matthew at matthew.stevens@afr.com.au

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    Original URL: https://www.afr.com/life-and-luxury/food-and-wine/predators-more-bark-than-bite-20140930-jl328