Mar31
Pernod to Buy Absolut Vodka Maker for EU5.28 Billion
on March 31st, 2008 at 12:58 pmPosted In: News & Articles
March 31 – Pernod Ricard SA, the world’s second- largest liquor company, agreed to buy Vin & Sprit AB from Sweden’s government for 5.28 billion euros ($8.34 billion) to gain the Absolut vodka brand and take on Diageo Plc’s Smirnoff in the U.S. Pernod beat out rivals including Fortune Brands Inc. and the billionaire Wallenberg […] ↓ Read the rest of this entry…
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