Altria “Undecided” On Ste. Michelle

Dear Client:Tobacco company Altria Group says it has not yet decided what to do with its recently acquired wine business and stake in SABMiller. Recall that Altria acquired smokeless tobacco maker UST in January, which also included the Ste. Michelle Wine Estates business and a 28.6% stake in SABMiller. A report in Reuters quotes chief Michael Szymanczyk saying he hopes to have a strategy in place for the $8 billion in alcohol assets by the end of 2009, but that