Pernod Ricard is exploring a potential acquisition of Brown-Forman Corp., the maker of Jack Daniel’s. The exploratory talks represent potential major consolidation in the global spirits sector and could materially affect the share prices and brand portfolios of both companies; no valuation, terms or timeline were disclosed.
Pernod Ricard is exploring a potential acquisition of Brown-Forman Corp., the maker of Jack Daniel’s. The exploratory talks represent potential major consolidation in the global spirits sector and could materially affect the share prices and brand portfolios of both companies; no valuation, terms or timeline were disclosed.
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mildly positive
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