Brown-Forman Rejects $15 Bil Sazerac Offer

Brown-Forman officially rejected Sazerac's "roughly" $15 bil takeover bid, reported Wall St Journal late yesterday. This came 2 weeks after B-F also ended talks to merge with Pernod-Ricard. "Sazerac's latest all-cash offer was financially backed by Wells Fargo and Apollo Global Management," WSJ added, citing "people familiar with the matter."...
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Publishing Info

  • Year: 2026
  • Volume: 28
  • Issue #: 107
  • Issue Date: 05/13/2026