Billionaire Olivier Goudet, Platin SARL Raise Stake in Treasury Wine Estates

MT Newswires Live

03/03

Billionaire Olivier Goudet and Luxembourg's Platin SARL have increased their stake in Treasury Wine Estates (ASX:TWE), with voting power rising to 7.13% from 6.13%, according to a Tuesday filing with the Australian bourse.

The owner of private equity firm JAB Holding Company and the private limited liability company now together own about 57.6 million shares of Treasury Wine Estates, following a series of on-market purchases that began in January.

Goudet personally holds 5 million shares, as per the filing.

Shares of Treasury Wine Estates rose around 0.44% in recent trading.

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