YARRAMAN WINERY BIDS AGAIN ON EVANS & TATE

US company Yarraman Winery Inc. has offered yet another merger proposal to troubled winemaker Evans & Tate through its Australian arm, Yarraman wine group. The proposal comes after another bidder, Ferngrove Vineyards, withdrew its offer for the West Australian company.E&T received a merger proposal from Yarraman in December 2006, then again in February 2007. The proposal was terminated in March after the E&T board said it did not believe Yarraman had secured sufficient debt and equity to complete the transaction.