Kohlberg Kravis Roberts, the private equity giant, has revised its earlier bid at a takeover offer and have now presented Treasury Wine Estates the sum of $3.2 billion as their updated bid. The Australian vintner that now holds Penfolds and Beringer Vineyards declared that it would be considering this new offer. Kohlberg Kravis Roberts’ board of directors already rejected a previous bid of $2.8 … [Read more...]
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