Penfolds’ Billionaire Backer Sees Comeback for Luxury Wine Maker

Penfolds’ Billionaire Backer Sees Comeback for Luxury Wine Maker



Penfolds’ Billionaire Backer Sees Comeback for Luxury Wine Maker
French billionaire Olivier Goudet says he is backing Treasury Wine Estates Ltd. for the long haul, betting on resilient global demand for high-end wine to revive the beleaguered Penfolds maker.


www.bloomberg.com
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