Bright Food denies Treasury Wine buy talks

Jul 5, 2011

China's Bright Food Group said on Tuesday it is not in talks to buy any Australian wine assets, denying a media report that it was in internal talks on bidding for Australia's Treasury Wine Estates Ltd. "Currently, we have no Australian wine acquisitions in the works," said Pan Jianjun, general manager of the firm's public relations department. Pan said that in the future Bright Food could consider acquiring wine assets in Australia, France, Chile and the United States.

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