Insider observations on Argentina and that Peter Lehmann bid

  • I wonder whether Donald Hess will be able to devote as much of the necessary energy to his Colomé estate up in the clouds in Salta if he manages to persuade the 3500 small shareholders of Peter Lehmann Wines that he should win this David and Goliath battle with Allied-Domecq for the company? I heard last Wednesday in Zurich that the great PL himself was in Switzerland, as is Hess. Some good bottles will be opened, I am sure.

    So that Hess wine empire (based on Swiss water and hotels) to date comprises:

    • The Hess Collection, Napa Valley, California
    • Blockheadia...