Pernod Ricard tipped to be weighing up sale of NZ operations
The global drinks giant is reportedly looking to review operations on both sides of the Tasman, including NZ brands Brancott Estate and Stoneleigh.
NBR has approached Pernod Ricard for comment on the rumoured sale.
Global drinks giant Pernod Ricard has reportedly appointed a pair of investment banks to review its Australian and New Zealand wine operations.
The report, which appeared in The Australian Financial Review's Street Talk column this morning, said the Paris-listed group had appointed Morgan Stanley
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