ALERT: Pernod Wins Bid for Absolut

The Wall Street Journal is reporting that France’s Pernod Ricard has won the auction to acquire Vin & Sprit, according to people familiar with the matter. The details of the winning bid are not immediately clear, says WSJ, but V&S is expected to sell for as much as $7 billion. An announcement is expected on … Continue reading "ALERT: Pernod Wins Bid for Absolut"

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