date:Jan 06, 2016
does not fit into its core business segment anymore as the UK based drinks company plans to enhance its focus on beer and spirits.
TWE CEO Michael Clarke was quoted by The Spirits Business as saying that the deal is a game changer which would facilitate the company's growth in the US, Canada, Asia and Latin America.
TWE, which also owns US brands Beringer, intends to enhance its US portfolio in order to chart a turnaround strategy for the Australian company.
In December, Diageo announced tha