Brown-Forman, Pernod Ricard in Merger Talks

Brown-Forman, Pernod Ricard in merger talks

Pernod Ricard and Brown-Forman are in discussions to merge operations. If a deal is made, it would create one of the world’s largest spirits manufacturing companies. “We note the recent market rumours regarding a potential business combination involving Brown‑Forman and Pernod Ricard. Brown‑Forman regularly explores and evaluates strategic opportunities, and can confirm it is engaged in discussions with Pernod Ricard,” said Brown-Forman in a med…

Pernod Ricard and Brown-Forman Merger Talks Confirmed

Pernod Ricard and Brown-Forman have confirmed they are in active discussions regarding a potential business merger that would unite two of the world’s largest spirits companies. Both companies issued statements acknowledging the talks following recent press speculation. The contemplated deal has been described by both parties as “a merger of equals,” a phrase that signals neither company would assume a dominant position in the combined entity.[e…

With Acquisition Talks Swirling, Should You Buy, Sell, or Hold Blue-Chip Brown-Forman Stock Here?

As merger talks between Brown-Forman and Pernod Ricard gather momentum, is Brown-Forman a compelling buy or a risky bet better left untouched?

Pernod Ricard is reportedly in talks with Brown-Forman over a potential merger

New Delhi: France’s Pernod Ricard is reportedly in discussions with US spirits company Brown-Forman, the maker of Jack Daniel’s, over a potential merger. The talks, confirmed by the companies, have no certainty of resulting in a transaction, according to Reuters. Shares in Pernod, the world’s second-largest spirits producer, rose 3.4% on Friday following an earlier decline to levels not seen since 2009, after the companies disclosed the merger d…