Hints and tips:
...WPP will also reduce is planned capex from £400m to v£300m....
...Bankers expect consolidation to accelerate not only in beer, but also in markets for wine and whisky. The deal “stimulates CEOs of all global players....
...It was a similar line of thought that drove Japan’s Suntory to splurge on Beam Inc, the US maker of Jim Beam bourbon, in a $16bn deal announced on Monday....
...In the Americas, Diageo has a 12 per cent share against Pernod’s 7.6 per cent, according to figures from the International Wine and Spirits Record, the industry body....
...One way would be to join forces with Bacardi and carve up the Beam Global Spirits & Wines portfolio, with Diageo taking Jim Beam and Maker’s Mark, and Bacardi Courvoisier, Canadian Club and Sauza....
...Bankers say that spirits groups Diageo of the UK, France’s Pernod Ricard and Bacardi of the US will look closely at the Beam Global Spirits & Wine unit, which has annual revenues of $2.5bn....
...That doubled its spirits sales and made it one of the top five global drinks group....
...Bankers reckon international spirits groups Diageo of the UK, France’s Pernod Ricard and Bacardi based in Bermuda will look closely at the Beam Global Spirits & Wine unit, which has annual revenues of...
...Pernod Ricard has strong ambitions to overtake one day Diageo and become the undisputed leader of the wine and spirits sector. But Mr Pringuet has made one thing very clear....
...and wine company....
...The sale represents one of the last opportunities to acquire premium brands following the sale of Allied Domecq in 2005 and Vivendi’s auction of its Seagram spirits and wine business in 2000....
...He also argued that the company’s current structure comprising V&S Absolut Spirits, V&S Distiller and V&S Wine, generated considerable synergies that helped keep down costs and operating profit margins at...
...Now, as then, Kissinger shows little interest in wine or spirits and orders sparkling water. My Campari and soda is already on the table....
...One is the rapid growth in consumption of cognac and other “brown spirits” in Asia....
...Constellation Brands has identified possible acquisitions worth between $500m and $2bn in the global spirits sector....
...Constellation is the world's largest wine-maker, but appears more interested in premium spirits and international distribution....
...But instead of drinking more spirits and wine, they are turning to better quality beer....
...But it seems as interested in Allied for its spirits brands as much as its wines....
International Edition