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July 3, 2015
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Yealands sells 80 per cent By Jacob Page Peter Yealands has found his “perfect” investor in Marlborough Lines. The Yealands Wine Group founder announced yesterday that Marlborough Lines had purchased an 80 per cent shareholding in YWG for $89 million. Peter says the deal ensures the future of the company and ensures expansion, more jobs and a chance to become New Zealand’s number one wine company in the future.
Continued page 2 Yealands Wine Group founder Peter Yealands welcomes Marlborough Lines managing director Ken Forrest into his business after Marlborough Lines purchased an 80 per cent shareholding in the company yesterday.
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