Holder of TWE and have been looking at PR for a while: why would PR want to do this? Seems like diworsifying, and doesn’t make much sense given TWE’s China problems and PR’s goals of premiumisation/winning “must-win” markets like China. Stick to spirits ffs. I think LVMH is a more likely suitor for Penfolds, but unsure if they would want the rest of TWE
TWE - Takover, page-11
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Last
$12.05 |
Change
0.010(0.08%) |
Mkt cap ! $9.814B | |||
| Open | High | Low | Value | Volume |
| $12.07 | $12.11 | $12.00 | $2.922M | 242.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2103 | $12.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.05 | 4063 | 19 |
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| Last trade - 11.46am 22/08/2024 (20 minute delay) ? |
| TWE (ASX) Chart |