Photo / 123RFBy Nicholas Pointon for RNZThe company that owns the wine giant Villa Maria owes its bankers $212 million, a first receivers' report says. Rabobank and ANZ appointed Calibre Partners as receivers of the holding company, FFWL, in May. The first receivers report, released earlier today, said the company owed its bankers $211.9m. Since our appointment we have continued with the existing sales process for Villa Maria, the report said. The company's brands include Villa Maria, Vidal, and Esk Valley.

Source: New Zealand Herald July 16, 2021 02:57 UTC