ENXTPA:RIBeverage
Brown Forman Pernod Ricard Talks Put Shareholder Value Back In Focus
Brown-Forman confirms it is in advanced merger talks with Pernod Ricard, following reports of an earlier approach to Brown-Forman by Sazerac.
The discussions point to a potential tie up that could combine two large global spirits groups and reshape competitive positioning across key categories.
This development is material for Pernod Ricard shareholders, with the stock trading at €65.22 under ticker ENXTPA:RI.
Pernod Ricard, trading under ENXTPA:RI, comes into these talks after a...