Daily Archives: January 5, 2016

Diageo completes sale of US and UK wine assets to TWE

Diageo, the British spirits maker has completed sale of its US and UK wine assets to Treasury Wine Estate of Australia in a transaction valued at $552m.

The deal includes the sale of its US-based Chateau & Estate Wines and UK-based Percy Fox, makers of the Blossom Hill and Piat d’Or brands.