Billionaire Olivier Goudet and Luxembourg's Platin have increased their stake in Treasury Wine Estates (ASX:TWE), with voting power rising to 8.14% from 7.13%, according to a Tuesday filing with the Australian bourse.
Goudet and Platin, together as associates, together own about 65.7 million shares of Treasury Wine Estates, following a series of on-market purchases.
Treasury Wine Estates' shares declined nearly 1% in recent trading on Tuesday.
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