Sweetened $3.15 billion KKR offer for Treasury raises bidding war prospects

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SYDNEY (Reuters) - Australia's Treasury Wine Estates is opening its books to Kohlberg Kravis Roberts & Co LP after the private equity giant hiked its takeover offer to $3.15 billion (1.87 billion pounds), raising the prospect of a bidding war for the world's No.2 winemaker.

Read more http://uk.reuters.com/article/2014/08/04/uk-treasury-wine-kkr-idUKKBN0G409J20140804?feedType=RSS&feedName=topNews

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