New Details on Brown-Forman and Constellation
Although it's the Tuesday before Christmas, some of the biggest stories of the year broke yesterday. Firstly, Remy Cointreau confirmed what sources had been telling us for weeks: Remy Cointreau USA chief Tom Jensen has stepped down. Then news broke from the Wall Street Journal that Brown-Forman has put its wine business up for sale, according to their sources. Constellation is also in the process of selling its non-US assets to an "unknown buyer," according to the report. So let's break it down.
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