Brown-Forman to Sell Wine Unit; Constellation to Sell Non-US Wine Units?
The Wall Street Journal is reporting that Brown-Forman has put its wine business up for sale, according to their sources. B-F has reportedly hired Rothschild to run the auction process. "Private-equity firms and other global wine and spirits companies are expected to take a look at the business, which is unlikely to fetch much more than a few hundred million dollars," says the Journal.
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