Peter Yealands denies that Marlborough wine company is sold or on market

Marlborough entrepreneur Peter Yealands has again denied reports his wine company is being readied for sale. The Marlborough region is said to be awash with rumours that Yealands is about to sign – or has already done so – a deal worth hundreds of millions of dollars. The ‘market talk’ comes just months after he hit back at a report in the Sydney-based newspaper The Australian claiming German investment bank Deutsche Bank had been drafted in to sell “Yealands Estate”.