Treasury Wine Receives US Antitrust Approval for Diageo Deal
November 03 2015 - 5:09PM
Dow Jones News
By Rebecca Thurlow
SYDNEY--Treasury Wine Estates (TWE.AU) said Wednesday the U.S.
Federal Trade Commission has completed its review of the vintner's
planned acquisition of most of Diageo PLC's (DEO) wine assets and
has no objection to the US$552 million deal proceeding.
Accordingly, the parties expect the transaction to take effect
from Dec. 31, Treasury Wine said in a filing.
-By Rebecca Thurlow, Dow Jones Newswires; 61-2-8272-4679;
rebecca.thurlow@dowjones.com
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(END) Dow Jones Newswires
November 03, 2015 16:54 ET (21:54 GMT)
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