Will 2013 See a TWE Takeover?

The Australian wine sector is just showing signs of a recovery, and right on cue news surfaced over the weekend that Australia's largest wine company, Treasury Wine Estates, could face a takeover soon. TWE's current share price (up 67% since the demerger) indicates "either a significant lift in earnings and/or a takeover," says Macquarie analyst Greg Dring, according to a report from The Australian.

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