On Oct. 31 they announced the purchase of a majority stake in Château Lascombes, a second growth estate in the Margaux appellation with a picturesque but slightly run-down ivy-covered stone chateau.

Axel Heinz, former winemaker of Masseto and Ornellaia, is now leading the 2nd Growth estate Château Lascombes in Margaux, and surprisingly, has discovered a plot of Merlot with blue clay in the soil.

A French insurance company, Mutuelle d’Assurances du Corps de Santé Français, has acquired Château Lascombes, a second-growth in Bordeaux’s Margaux appellation, for 200 million euros, or about $280 ...

On Wednesday, Chbteau Lascombes, a second-growth estate in Bordeaux's Margaux district, was purchased by the U.S. investment firm Colony Capital for 505 million francs (nearly US $69 million). Alain ...