CHINA IS WHERE IT’S AT

Reuters reports that wine and spirits firm Moet Hennessy, majority-owned by French fashion powerhouse LVMH , is in talks to buy into top Chinese liquor maker Jiannanchun. Jiannanchun owns China's second-biggest brand of baijiu -- a grain and sorghum-based alcohol whose name means "white liquor.” The two companies are still in negotiations. On Tuesday WSD … Continue reading "CHINA IS WHERE IT’S AT"

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