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CPR Davide Campari

5.584
-0.078 (-1.38%)
21 Nov 2024 - Closed
Delayed by 15 minutes
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
  -0.078 -1.38% 5.584 5.58 5.65 5.678 5.578 5.652 5,556,120 17:00:00

Campari Shares Fall After Deal to Buy Courvoisier Announced

15/12/2023 8:52am

Dow Jones News


Davide Campari (BIT:CPR)
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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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