In the midst of wildfires sweeping through California, claiming the lives of at least 10 people so far, global winemaking and distributing business, Treasury Wine Estates
(ASX:TWE) updated the market letting everyone know it’s doing all it can to keep its employees safe.
At this stage, Treasury Wine Estates says it has limited access to its different assets, infrastructure and sites in the midst of the evacuations taking place.
But local fire authorities are doing all they can too, to contain the fires.
The company says the majority of its vineyards and wineries are presently not in the direct fire zone.
Shares in Treasury Wine Estates
(ASX:TWE) are trading 1.34 per cent lower to $14.01.
