(Bloomberg) -- Duckhorn Wine Co., a vintner owned by TSG Consumer Partners, is planning an initial public offering, according to people with knowledge of the matter.Duckhorn has tapped underwriters ahead of a public listing that could occur as soon as this year, said the people, who requested anonymity because the information is private. The implied valuation of the company couldn’t immediately be learned.A TSG representative declined to comment and a Duckhorn representative didn’t immediately respond to a request for comment.Duckhorn, founded in 1976, owns brands including Duckhorn Vineyards, Paraduxx, Migration, Decoy, Goldeneye and Canvasback and in 2018 acquired American Pinot Noir winery Kosta Browne. It’s named after founders Dan and Margaret Duckhorn who started the company with a single vineyard in Napa Valley. It now includes 600 acres of estate vineyards across California and Washington, four winemaking facilities and three visitor centers, TSG’s website shows. TSG acquired Duckhorn from another private equity firm, GI Partners, in 2016.Read more: Private Equity Firms Seize on IPO Boom With Consumer AssetsVintage Wine Estates, another wine producer, this week agreed to go public through a merger with Bespoke Capital Acquisition Corp., a special purpose acquisition company.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2021) - Bell Copper Corporation (TSXV: BCU) ("Bell Copper" or the "Company") is pleased to report that it has drilled into a new porphyry copper system at its Big Sandy project, a large, truncated porphyry copper-molybdenum target located in northwestern Arizona, approximately 30 kilometers south of the Company's Perseverance Project.HighlightsDrilling through gravel cover has discovered a porphyry copper system of suspected Laramide age.Minerals observed in core include ...
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, Bell Copper ( CVE:BCU...