Australia's Treasury Wine Estates gains as French billionaire raises stake
15/05/2026 01:48
** Shares of Australia's Treasury Wine Estates TWE.AX rise as much as 3.8% to A$4.330 in their best intraday gain since April 22 ** Australia's standalone winemaker says French billionaire Olivier Goudet has raised stake in the firm to 9.04% from 8.14% ** Olivier's family investment fund Platin is the top shareholder of co ** Stock down nearly 20% this year, including the day's move (Reporting by Rajasik Mukherjee in Bengaluru) ((Rajasik.Mukherjee@thomsonreuters.com))
Recent news on Treasury Wine Estates
See all newsMorningstar cuts Treasury Wine Estates' fair value, flags weaker earnings outlook
Treasury Wine may age better in private cellar
Treasury Wine may age better in private cellar
Australia's Treasury Wine Estates gains on review of Americas operations
Brief: Treasury Wine Says F26 EBITS Expected To Be In Range Of A$480-A$490 Million