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10 August 2026

Australia's Treasury Wine Takes $394 Million Charge to Revamp US Business; Shares Climb

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Australia's Treasury Wine Takes $394 Million Charge to Revamp US Business; Shares Climb

Treasury Wine Estates, owner of luxury wine brand ⁠Penfolds, said ⁠the charge will include ⁠a ​non-cash write-down of U. S. -based assets and a further impairment ​of brands. The ⁠charge is incremental ...

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