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))
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