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FINANCIAL RESTRUCTURING IN WINERIES
California’s oldest family-owned winery files for bankruptcy after more than 160 years. Why exactly this winery went out of business?Gundlach Bundschu Winery, a landmark in California's rich vinicultural history, has initiated Chapter 11 bankruptcy proceedings due to moun...- In 1858, Gundlach Bundschu began a California wine legacy. 168 years later, pandemic fallout, heavy debt and a changing market have pushed the historic winery into bankruptcyGundlach Bundschu Winery, founded in California in 1858, has filed for Chapter 11 bankruptcy protection. The winery seeks to restructure ov...
- Sick wine industry sees signs of revivalA debt restructuring package from Nabard, a little surge in demand due to Christmas and New Year have revived the hopes of sick wine indust...
- 6 bottles at $7,170 validate TPG's William's wine betFor years, Browne and his partner, Dan Kosta, scraped together money every harvest to buy grapes and lease space and equipment at nearby wi...
- Indage feels financial hangoverIndia's largest winemaker Indage Vintners has scaled down operations in most regions outside its home base in Maharashtra as it battles to ...
- Chougules eye bigger peg, may increase stake in Indage to 35%Mumbai-BASED Chougule family, promoters of Indage Vintners, intends to scale up their shareholding in the company as a precursor to divest ...
Load More- 6 bottles at $7,170 validate TPG's William's wine bet