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New Zealand’s Ara Wines in huge land sell-off
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New Zealand’s Ara Wines is rumoured to be selling its entire 1,600 hectares of land in Marlborough to Indevin in a deal potentially worth £130 million. Should the alleged deal be completed, Indevin – which is New Zealand’s largest wine producer – will acquire 600 hectares of vines in the Upper Wairau as well as 1,000ha of adjoining bare land: the biggest single unplanted site in Marlborough.