Treasury Wine Estates
ASX:TWE
The former heir apparent at Australia’s pre-eminent winemaker says its strategic restructure does not go far enough
The heir apparent to the iconic winemaker suddenly left the company in 2019. Now Robert Foye is on the shareholder register and agitating for change.
Six years after it was sensationally targeted by a US hedge fund, the company behind Penfolds and Wolf Blass is once again facing the wrath of short sellers.
Penfolds has long been the jewel in the crown of Treasury Wine Estates. Has it finally found another global hit?