Treasury Wine denies Pernod approach

Winemaker says it has not been approached by liquor giant Pernod Ricard about a sale.

Treasury Wine Estates (TWE) has denied it has been approached by liquor giant Pernod Ricard about the potential sale of its embattled US assets.

Media reports today had suggested Pernod Ricard's acquisition of its first US winery could stoke its interest in Treasury Wine's assets in the region.

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