40

Estimated amount (in millions of U.S. dollars) that AXA Millésimes paid for Outpost, a small winery on Howell Mountain in the Napa Valley. Carefully watched, AXA’s acquisitions are considered a bellwether of things to come. AXA already owns Bordeaux’s Château Pichon-Longueville Baron; Burgundy’s Domaine de l’Arlot; Portugal’s Quinta do Noval; and Hungary’s Disznókő.