Wine producer Duckhorn to be obtained by Butterfly Equity in $1.95 billion cut price

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(Reuters) – Premier high-end a glass of wine producer Duckhorn Portfolio claimed on Monday private fairness firm Butterfly Equity will definitely get the agency in an all-cash cut price value $1.95 billion.

Butterfly Equity will definitely pay Duckhorn shareholders $11.10 per share, standing for a prices of regarding 106% to the a glass of wine producer’s final shut on Friday.

Shares of Duckhorn have been buying and selling at $10.92 in premarket buying and selling.

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Krishna Chandra Eluri)



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