Price the final question in TWE sale

The fat lady has appeared onstage to serenade Treasury Wine and the only question now is the company’s final sale price.

The fat lady has appeared onstage to serenade Treasury Wine and the only question now is the company’s final sale price.

TWE chair Paul Rayner has opened the door, signalling he would be prepared to accept KKR’s $5.20-a-share bid but is hoping to shake out a competing bid to lift the price.

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