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Chile’s Vina Concha Buys Winery For $238M

Chilean wine exporter, Vina Concha y Toro, will acquire Fetzer Vineyards and related assets in California from Brown-Forman.

Chilean wine exporter, Vina Concha y Toro, will acquire Fetzer Vineyards and related assets in California from Brown-Forman. Vina Concha y Toro is expected to pay about $238 million for the winery.

The transaction is expected to be completed by April 2011. Deutsche Bank acted as financial advisor to Concha y Toro on the transaction.

Click here for the release from PR Newswire.

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