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From: lewis.perdue@wineindustryinsight.com

Subject: Hong Kong Tycoon Offers $40 Mil For Napa Valley Winery & Vineyard - WINE INDUSTRY INSIGHT EXTRA

Date: 2011-06-09 18:01:18

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Hong Kong Tycoon Offers $40 Mil For Napa Valley Winery & Vineyard

June 9, 2011

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Hong Kong Tycoon Offers $40 Mil For Napa Valley Winery & Vineyard

Hong Kong investment and factoring company Goldin Financial Holdings (HKEX:530), said Wednesday in a public filing (available to Wine Executive News subscribers) that they were acquiring an as-yet-unidentified Napa Valley vineyard and winery for $40 million and that the deal was expected to close today. The Goldin filing also stated that the "book value" of the entire deal is $14 million.

Wine Executive News subscribers please click here to read the complete article.

Also In This Article:

The full text of the following sections is available to Wine Executive News).
  • DETAILS OF DEAL &  IDENTITY OF WINERY
  •  U.S. SUBSIDIARY - GOLDIN FACTORS -  IS HANDLING PURCHASE
  • GOLDIN: BUILDING THE WORLD'S LARGEST WINE DISTRIBUTION CENTER
  • HARD-CHARGING TYCOON: POLO, WINE, LUXURY

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