Posts tagged Treasury Wine Estates
Little Consolations From Giant Consolidations

To bastardise the words of Aeschylus, Hiram Johnson or Oliver Stone, the first casualty of wine is integrity. An almost inevitable result of the spate of mergers and acquisitions that seemed to characterise and redefine the Australian wine industry around the turn of the century was the loss of many of the things that had led to the companies involved being worth so much money.

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