ENXTPA:RIBeverage
Pernod Ricard Refocuses On Premium Spirits As Brown Forman Talks Swirl
Pernod Ricard (ENXTPA:RI) has agreed to sell its California wine assets, including Kenwood Vineyards and Mumm sparkling wine activities.
The divestiture shifts the group further away from U.S. wine production and toward its premium spirits and champagne brands.
Industry speculation continues around potential M&A activity involving Brown Forman, with investors watching for any formal announcements.
Pernod Ricard, the owner of global spirits and champagne brands, is tightening its focus by...