Constellation Brands (STZ) Said to Consider $1B Sale of Canadian Wine Business - DJ
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Price: $261.22 -0.17%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 1.6%
EPS Growth %: +14.1%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 1.6%
EPS Growth %: +14.1%
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Constellation Brands (NYSE: STZ) is considering selling its Canadian wine business, according to Dow Jones sources. Suitors are said to include the Ontario Teacher's Pension Plan along with strategic buyers. The sale would end a potential IPO of the business.
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