Endeavour Group, which owns Dan Murphy's and BWS, announces it will step away from some key vineyards and wineries in South Australia, Victoria and Tasmania, and close a major South Australian bottling plant.

The owner of the Dan Murphy’s liquor chain will cut its dividend payout and offload non-core wine assets to improve profitability.

Endeavour group is dumping some of its prestige wineries and switching its focus to lowering costs. But can “Ms Execution” convince sceptical investors?

Endeavour Group, which owns Dan Murphy's and BWS, announces it will step away from some key vineyards and wineries in South Australia, Victoria and Tasmania, and close a major…