The World Is Facing a Wine Shortage

The World Is Facing a Wine Shortage

Oenophiles are worried. Between bad harvests in Europe and the fires raging through California’s wine country—not to mention low production in the southern hemisphere—wine is expected to be in short supply. The wine shortage will almost certainly lead to higher...
Treasury Wine Estates Talks Terroir, Takeover Bids

Treasury Wine Estates Talks Terroir, Takeover Bids

These days, Treasury Wine Estates is dividing its focus between producing world-class wines and evaluating a pending takeover bid from New York private equity firm Kohlberg Kravis Roberts & Co. (KKR). Founded and run Henry R. Kravis and George R. Roberts, KKR has...
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