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Treasury Wine Estate in £292m US asset write-down
By James Beeson2026-08-10T10:58:00
TWE’s portfolio of brands includes Penfolds, Squealing Pig and DAOU Vineyards
Treasury Wine Estates is to overhaul its US business by shutting vineyards, impairing brands and writing down inventory, resulting in a post-tax charge of A$558m (£292m).
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