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Tag Archives: Private equity firm

• Diageo New $2.1 BN Purchase Launched in the US by Liquor Group

In late February 2011 Diageo (NYSE:DEO), the world’s largest spirits maker, agreed to buy Mey Icki Distillery, Turkey’s biggest spirits company, that holds an 80 percent share of the country’s top-selling spirit categories. London-based Diageo, maker of leading alcohol brands including Johnnie Walker whisky and Smirnoff vodka to name a few, acquired Mey Icki and […]

• Piper-Heidsieck Champagne Up For Sale

Piper-Heidsieck Champagne Up For Sale

Booze brand Rémy Cointreau has put its Piper-Heidsieck and Charles Heidsieck Champagne brands up for sale in a deal which could raise as much as 450 million euros. Possible suitors for the brands include other drinks conglomerates such as Diageo and Pernod Ricard but a private equity group could also snap up the champagne seller. […]

• Foster's wine bidders face twin headaches

Private equity firms running the ruler over Australian brewer Foster’s wine business could baulk as the Aussie dollar’s surge to 28-year highs has raised the unit’s price tag by 20 per cent since a sale was first proposed. Private equity managers say banks may also be less willing to lend for a cyclical asset dependent […]