March 15, 2019 Sophia Vida
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Constellation Brands May Soon Be Selling Some Wine Brands to E. & J. Gallo

According to sources familiar with the situation who spoke to CNBC, Constellation Brands, the maker of Corona, is in talks to sell some of its low-end wind brands to E. & J. Gallo Winery. One of the sources has said that the company’s wine business is expected to sell for around $2 billion or less. … Continue reading “Constellation Brands May Soon Be Selling Some Wine Brands to E. & J. Gallo”