MarketPulse

spirits industry

4 articles
BenzingaBenzinga··Namrata Sen

Brown-Forman Stock Tumbles 6% as Pernod Ricard Merger Collapses

Brown-Forman stock drops 5.88% after terminating merger talks with Pernod Ricard due to disagreements on deal structure and the Brown family's voting control.
BF.ABF.BPRNDYstock declineacquisition
BenzingaBenzinga··Namrata Sen

Sazerac's $15B Brown-Forman Bid Throws Wrench Into Pernod Deal Talks

Sazerac bids $15 billion for Brown-Forman, disrupting Pernod Ricard merger talks amid spirits industry consolidation pressures from declining U.S. alcohol consumption.
STZBF.ABF.BPRNDYacquisitionmerger
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Veteran-Founded Bourbon Brand Taps Crowdfunding for Retail Expansion Push

Veteran-founded On Your 6 Bourbon launches crowdfunding campaign to fuel national expansion, leveraging 417% sales growth and major retail partnerships including Kroger and Southern Glazer's.
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The Motley FoolThe Motley Fool··Josh Kohn-Lindquist

Diageo Shares Plunge 15% Following First-Half Sales Miss and Dividend Cut

Diageo shares fell 15% after reporting 3% organic sales decline and cutting dividend over 50% due to weakening demand and macroeconomic pressures.
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