Indage eyes multiple takeovers abroad, to raise fresh capital
The Company is defying tight credit markets worldwide to pursue expansion, after completing the purchase of two wine makers abroad in the past 18 months and agreeing to buy a third
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What is the condition of Champagne Indage Ltd. now??? Could they sell their wines worldwide, especially to US etc.? It seems impossible, the share price is approaching rock bottom, they are not been able to pay salaries to employees for the last few months, according to a known source.
suman