NZ's Foley Wines rises on Zebra Bendigo Flat Vineyard deal

Foley Wines

12/10/2021 05:00

** Shares of integrated wine company Foley Wines  FWL.NZ 
gain about 2% to NZ$1.62 
    ** To buy the Zebra Bendigo Flat Vineyard from Zebra
Vineyards in Bendigo, Central Otago  urn:newsml:reuters.com:*:nNZW12Hmpt
    ** Price to remain confidential until a decision is made by
the Overseas Investment Office
    ** Stock hits its highest level since Oct 7
    ** FWL down 13.8% this year, as of last close
       

 (Reporting by Aditya Munjuluru in Bengaluru)
 ((aditya.srivastsav@thomsonreuters.com))