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(Bloomberg) -- Penfolds-maker Treasury Wine Estates Ltd. agreed to buy DAOU Vineyards LLC in California for as much as $1 billion to expand the companyâs stable of US luxury brands.
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>>> Read more: Penfolds-Maker Treasury Buys DAOU Vineyards for Up to $1 Billion
Most Read from Bloomberg
Saudi Forces on Alert After Clash With Iran-Backed Houthis Innovent, Lilly Obesity Drug Spurs More Weight Loss in Trial Israel Latest: Netanyahu Vows to Stay On; Targets Hit in Lebanon Sonyâs Bungie Game Unit Cuts Staff Following Delayed Titles Apple Unveils New Laptops, iMac and ...
>>> Read more: Penfolds-Maker Treasury Buys DAOU Vineyards for Up to $1 Billion