DataRoom AM: Charming Treasury Wine

A number of global suitors are reportedly mulling bids for Treasury Wine Estates, while Nathan Tinkler puts on a brave face amid suggestions his coal mining re-entry is falling apart.

Long touted as a takeover target, it appears Treasury Wine Estates is finally getting the attention many analysts expected upon its separation from Foster’s. But a higher bid than the recent KKR offer may still be a stretch.

Elsewhere, Nathan Tinkler insists all is well with his latest coal foray, Woolworths finds a way to win Solomon Lew’s support for its planned DJs takeover and the IPO market heats up ahead of a series of tests.

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