Rumors of Sale Plague Treasury Wine Estates Rumors over the sale of Treasury Wine Estates continue to spread, fueled by news that the company would take up to a $244 million write-down this fiscal year. The Australian Financial Review reported that LVMH is looking into a full or partial acquisition. The high-end Penfold’s brand, in particular, is of interest to them. AFR also reported that Constellation Brands could also be in the running. Despite poor United States sales and other setba...