Australia’s Treasury Wine Rises as Billionaire Goudet Buys Stake

Treasury Wine Estates Ltd.’s shares jumped about 7% in Sydney, the most since September 2024, after European billionaire Olivier Goudet emerged as a shareholder, offering a rare boost to the troubled winemaker.

Australia’s Treasury Wine Rises as Billionaire Goudet Buys Stake
Treasury Wine Estates Ltd.’s shares jumped about 7% in Sydney, the most since September 2024, after European billionaire Olivier Goudet emerged as a shareholder, offering a rare boost to the troubled winemaker.

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