| Truewines News Service |
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Date: Wed 05 Nov 2008
The takeover of Château Montelena by the owners of Cos d'Estournel is on the verge of collapse due to the current banking crisis. It appears that Reybier Investments, the vehicle Cos d'Estournel owner Michel Reybier was using for the purchase, has been unable to secure funding for the deal.
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| 07 Nov 2008 | AUSTRALIA CONSIDERING INCREASED WINE TAXES |
| New Zealand's largest export market at risk. |
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| 07 Nov 2008 | WINE HIT BY INVESTOR CRISIS |
| Liv-ex index plunges 12.4% to 18 month low. |
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| 06 Nov 2008 | NEW ZEALAND WINE INDUSTRY LAUDS EXPORTS |
| Winegrowers chief executive claims industry will meet NZ$1 billion export target. |
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| 05 Nov 2008 | ANOTHER WINE DEAL COLLAPSES |
| Bank crisis ends California-Bordeaux takeover |
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| 04 Nov 2008 | BARREL PRICES FACE HIKE |
| Weak dollar expected to drive up French oak prices |
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| 04 Nov 2008 | FRENCH PROPOSE BAN ON FREE WINE TASTING |
| Public Health recommendation to prevent promotional samples. |
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| 03 Nov 2008 | METALS GIVE WINE HIGH HEALTH RISK |
| Increased risk of cancer and Parkinsons from metal contamination. |
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| 03 Nov 2008 | CORK PRODUCER JOINS ENVIRONMENTAL FOREST PROGRAMME |
| Corticeira Amorim has signed on to the WWF Forest Trade Iberian Network |
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| 02 Nov 2008 | ROCKBURN WINS AUSSIE SOMMELIER AWARD |
| Australian Wine Society gong for Central Otago producer. |
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| 02 Nov 2008 | OYSTER SAVVIE BIGGEST WHITE IN AUSSIE |
| Marlborough Sauvignon Blanc hits top position with Australian drinkers |
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| 01 Nov 2008 | FOODSTUFFS BUYS LIQUORLAND |
| DB sells Australian drinks retail chain |
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| 31 Oct 2008 | AUSTRALIAN VINTAGE 27% BIGGER THAN PREVIOUS YEAR |
| 2008 is a partial return to good volumes. |
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| 31 Oct 2008 | TAITTINGER GRABS A CHUNK OF SAVOIE |
| Claire Taittinger buys Savoie domaine. |
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| 30 Oct 2008 | EVERY BANK IN CHRISTENDOM WANTS A SLICE OF FOSTERS |
| Chairman admits takeover temperatures are rising. |
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| 29 Oct 2008 | BOLLINGER GETS BEHIND BOND |
| New 007 movie gets PR support from Champagne house |
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| 27 Oct 2008 | JAPANESE TASTE FOR NOUVEAU WANES |
| 2008 orders are just 50% of 2000 level |
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| 25 Oct 2008 | WINE BLOGGERS HAVE FIRST U.S. CONFERENCE |
| New Zealand Winegrowers backs US event. |
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| 24 Oct 2008 | RABOBANK REPORT RECOMMENDS SUPPLY IMBALANCE |
| New Zealand wine industry told to keep supply short of demand. |
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| 24 Oct 2008 | INDIAN BUYER CAN'T SECURE FUNDS FOR AUSSIE WINERY |
| Loxton purchase stalls at the bank. |
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| 24 Oct 2008 | SUSTAINABLE WINEGROWING GETS ITS 1000TH MEMBER |
| Programme is popular with mainstream wineries. |
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