Delegat not keen on Villa Maria

Fri, 05 Feb 2021

The investment bank drumming up an appetite for Villa Maria Estate may find it a tough ask with Delegat Group showing little interest in buying its rival.The 60-year-old winemaker is rumoured to be on the block after the Australian Financial Review’s Street Talk column – often used as a sounding board by investment bankers across the Tasman – reported UBS New Zealand is courting buyers in a two-part auction, with a price tag of A$200 million.NZX-listed Delegat was touted as a likely buyer in the report, something managing dire...

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