Evans & Tate-Yarraman takeover sparks intense interest

[wineo]

Evans & Tate-Yarraman takeover sparks intense interest
Jim Budd

Australian wine industry-watchers are waiting with increasing interest to see if Yarraman's multi-million dollar bid for Evans & Tate succeeds.

On 21 December Yarraman made an audacious AU$131m (£52.9m) take-over bid for debt-laden Western Australian producer Evans & Tate.

And observers are most interested the fortunes of Yarraman owner Gary Blom. If the bid succeeds he will be back as a major player just four years after his Barrington Estates company collapsed.

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