(Reuters) – Premier high-end a glass of wine producer Duckhorn Portfolio claimed on Monday private fairness firm Butterfly Equity will definitely get the agency in an all-cash cut price value $1.95 billion.
Butterfly Equity will definitely pay Duckhorn shareholders $11.10 per share, standing for a prices of regarding 106% to the a glass of wine producer’s final shut on Friday.
Shares of Duckhorn had been buying and selling at $10.92 in premarket buying and selling.
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Krishna Chandra Eluri)
