Pernod Ricard Sells Renault Cognac Brand To Altia For EUR10M
on 14/10/10 at 11:41 amIndustry
French wine and spirits company Pernod Ricard S.A. (RI.FR) said Thursday that it’s selling its Renault cognac brand together with some finished products inventories to Finnish state-owned alcoholic drinks company Altia for EUR10 million in cash.
- The closing of the transaction is subject to clearance by the Swedish and Norwegian competition authorities.
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