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Australia, April 22nd 2008
Jarvis-linked group tips in $15m for Palandri

by Neale Prior for TheWest.com.au

A company linked to Darrel Jarvis, the former boss at Palandri, has snared the lion’s share of the failed winery group under a $20m restructure backed by millionaire Chinese resources investor Xibo Ma. Ma’s Global Wine Holdings has bought Palandri’s flagship Margaret River winery, brands and wine stockpiles for a figure understood to total about $15m.

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