Home Business News Australia's Treasury Wine takes $394 million charge to revamp US business; shares climb

Australia's Treasury Wine takes $394 million charge to revamp US business; shares climb

Australia's Treasury Wine takes $394 million charge to revamp US business; shares climb

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Published: August 10, 2026 08:06:07 IST

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By Roshan Thomas Aug 10 (Reuters) – Australia's Treasury Wine Estates said on Monday it would overhaul its U.S. business by fallowing vineyards, impairing brands and writing down inventory, resulting

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Australia's Treasury Wine takes $394 million charge to revamp US business; shares climb

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