24/12/2025, 11:28:02 am

Treasury Wine shares rise after billionaire Goudet acquires stake

Treasury Wine Estates shares jumped about 7% in Sydney, the most since September 2024, after European billionaire Olivier Goudet takes a 5% stake through Platin SARL. The investment comes amid the company's struggles with flagging demand in key markets and a near $690 million US business write-down.