TWE treasury wine estates limited

News: TWE Treasury Wine Estates Notes China's Determination On Anti-Dumping & Countervailing Duty

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    March 29 (Reuters) - Treasury Wine Estates Ltd (TWE) :

    • ACKNOWLEDGES RELEASE BY CHINA'S MINISTRY OF COMMERCE OF FINAL DETERMINATION IN ANTI-DUMPING AND COUNTERVAILING INVESTIGATIONS
    • FINAL DETERMINATION DOES NOT RESULT IN ANY CHANGE TO CO'S RESPONSE PLANS
    • FINAL DETERMINATION WILL APPLY FROM MARCH 28TH, 2021 AND WILL REMAIN IN PLACE FOR AT LEAST FIVE YEARS
    • ANTI-DUMPING & COUNTERVAILING DUTY OF 175.6% TO BE APPLIED TO CO'S AU ORIGIN WINE IN CONTAINERS OF 2 LITRES/LESS IMPORTED INTO CHINA
 
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