RE:RE:Value of Assets?2006
Constellation Brands, Inc. (NYSE: STZ) today announced it has, through a wholly owned subsidiary, completed its acquisition of all of the issued and outstanding common shares of Vincor International Inc. ("Vincor"), Canada's premier wine company, for C$1.227 billion.
https://www.cbrands.com/blogs/news/constellation-brands-completes-vincor-acquisition#:~:text=Constellation%20acquired%20all%20of%20the,debt%20was%20C%24344%20million.
2016
Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has completed the sale of its Canadian wine business to Ontario Teachers' Pension Plan, the largest single-profession pension plan in Canada. The transaction, which includes Canadian wine brands such as Jackson-Triggs and Inniskillin, wineries, vineyards, offices, facilities, and Wine Rack retail stores, is valued at approximately C$1.03 billion. The company received cash proceeds, net of repayment of outstanding debt, of approximately C$765 million, subject to post-closing adjustments.
https://www.cbrands.com/blogs/news/constellation-brands-completes-sale-of-canadian-wine-business
______________________________________________________________________
Constellation is a very well run company and invested heavily in trying to make a go of its Canadian wine business.