Deal Watch

Alison Napjus, James Molesworth
Issue: August 31, 2011

Wine Spectator reports that Rémy Cointreau announced June 1 that it has sealed the deal to sell its Champagne division to Société Européenne de Participations Industrielles (EPI), a French luxury goods firm. And, Klein Constantia, one of South Africa's notable estates, has been sold. Owner Lowell Jooste has agreed to sell the estate to Zdenek Bakala and Charles Harman, a pair of investment bankers affiliated with the Netherlands-based BXR Group.

For the full article, check out the new issue of Wine Spectator, on newsstands July 26, 2011.

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