Thursday, November 29, 2007

Global Wine Ventures Announces Agreement to Purchase Sticks Wine Brand and Assets (GWV.AX, 00789431, 20071129) (Aspect Huntley via Yahoo!7 Finance)

Global Wine Ventures announced that it has agreed to purchase 100% of the shares in the companies that own and operate the 'Sticks' wine brand and operations based at Yarra Glen in the Yarra Valley, Victoria. The proposed acquisition comprises 100% of the shares in DNF Enterprises for $8m less liabilities assumed and 100% of the shares in Sticks Yarra Valley Vineyards for $2m. The announcement ...

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[Source: Yahoo! News Search Results for wine]