Marie Brizard Wine & Spirits rethinks brand disposals

Marie Brizard Wine & Spirits (MBWS) has backtracked on its plan to sell a number of brands to cover the group’s losses in full-year 2018. In September 2018, MBWS announced it was considering offloading some of its brands after downgrading its full-year fiscal outlook. However, the group’s latest update from a board of directors meeting yesterday (11 January), said its “various efforts carried out have not resulted in offers that would meet the stated objective, in the…

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