Treasury Wine Estates (ASX:TWE) has renewed its consultancy agreements with Leslie and Rich Frank, the founders and former owners of Frank Family Vineyards, for one year with no changes to the terms, according to a Monday filing with the Australian bourse.
Treasury Wine Estates entered into the consultancy agreements when it acquired Frank Family Vineyards in 2021.
Shares of the company were down 1% in recent Monday trading.
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