Remy Finalizes Champagne Deal with EPI

It's official. Remy Cointreau just announced it has finalized its agreement with EPI for the sale of Piper-Heidsieck. EPI will assume control of its operations in Reims and Piper Sonoma, the sparkling wine brand in the US. The price is about $593 million (or 412.2 million euros).

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