November 2, 2004 |
Napa Valley vintner Chalone Wine Group Ltd. has agreed to be acquired by the owner of the Chateau Lafite-Rothschild label in a complex deal that would create a new high-end California wine company. Chalone and Domaines Barons de Rothschild said Monday that they signed an accord over the weekend calling for the legendary French vintner to pay $11.75 a share in cash for the 51% of Chalone that it didn't already own and to assume $65 million in debt.
March 14, 2007 |
To commemorate the 10th anniversary of Domaines Barons de Rothschild's making wine in northern Chile, the longtime owners of Chateau Lafite in Bordeaux created a wine called Le Dix de Los Vascos. The grapes -- all Cabernet Sauvignon -- come from 50-year-old vines on the property. The result is a stunning Cabernet that has the elegance and refinement of a top Bordeaux married with the terroir of Chile.
December 20, 2004 |
A British company has struck a deal to buy Napa Valley's Chalone Wine Group Ltd. for $186 million, according to people familiar with the negotiations. London-based Diageo, which owns the Smirnoff vodka and Guinness beer brands, became the winning bidder after a group that included Constellation Brands Inc., the world's largest wine company, let a midnight Friday deadline expire without submitting a new offer, the sources said.
July 1, 2004 |
The shares of Napa premium wine producer Chalone Wine Group Ltd. continued their ascent Wednesday in anticipation that a second bidder might emerge for the vintner. In May, Constellation Brands Inc., the world's largest wine company and producer of Paul Masson and dozens of other brands, and Domaines Barons de Rothschild, owner of France's famous Chateau Lafite-Rothschild of Bordeaux, offered $9.25 a share, or about $112 million, for the company.
December 21, 2004 |
As Americans purchase more and more wine, something else is attracting plenty of eager buyers: California vintners. This year, three major wineries have been snapped up -- two in the last few weeks alone. The trend, analysts say, is being driven in large part by a sharp increase in U.S. wine consumption and the likelihood that consumers' tastes for all sorts of reds and whites will keep growing.
May 9, 2004 |
MAINE Get a peek at art and gardens Picture the canvases of Winslow Homer, the Wyeths and Frederic Edwin Church, then see the landscapes that inspired them on a weeklong art and garden tour of Maine with the Santa Barbara Museum of Art. The July 19 trip, which will focus on the state's rich art heritage and its rugged coastal scenery, will coincide with the biennial Open Garden Day tour in the Bar Harbor area.