EVANS & TATE REVEALS LATEST TAKEOVER BID

In a statement to the Australian Stock Exchange yesterday, Evans & Tate outlined the latest takeover bid from U.S.-based Yarraman winery, to which the Australian wine group has given a "tentative" agreement. [Ed. note: Both wineries were adversely affected by the Australian and U.S. grape gluts, respectively, and are now trying to piece together their respective companies.]According to the Sydney Morning Herald, Yarraman winery’s proposed merger with Evans & Tate will see shareholders for E&T end up with 15% of