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flag Treasury Wine Estates restructures into four divisions, cuts costs, and secures new debt amid strong global sales.

flag Treasury Wine Estates announced a major restructuring into four regional divisions to boost accountability and decision-making. flag The plan includes bringing back its Penfolds brand and aims to cut costs. flag Driven by strong sales growth in China and the U.S., the company reaffirmed its financial outlook and secured new debt to support the transformation.

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