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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Davide Campari | BIT:CPR | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.02 | -0.33% | 5.992 | 5.95 | 6.05 | 6.036 | 5.918 | 5.998 | 4,877,148 | 02:01:59 |
By David Sachs
Davide Campari-Milano shares fell in early trading Friday after the company said it plans to buy Courvoisier from Beam Suntory.
At 0807 GMT, shares in the Italian distiller were down 4.5% to EUR9.84 after falling as low as EUR9.70.
The alcohol producer said late Thursday that it was in talks to buy Beam Holding France, which owns Courvoisier, for a fixed price of $1.20 billion with an additional payment of up to $120 million, dependent on achieving sales targets.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
December 15, 2023 03:37 ET (08:37 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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