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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Pernod Ricard | EU:RI | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
2.55 | 2.04% | 127.40 | 127.35 | 127.45 | 128.00 | 125.80 | 125.80 | 123,847 | 14:57:22 |
By Pietro Lombardi
Pernod Ricard SA (RI.FR) has signed an agreement with Biggar & Leith for the acquisition of Malfy, an Italian super-premium gin brand.
Malfy, which offers a range of super-premium gins, is present in a number of international markets, including the U.S. and the U.K., Pernod Ricard said Wednesday.
Financial details of the deal weren't disclosed.
"This acquisition is true to our long-standing strategy of investing in brands with strong potential in growing categories," Christian Porta, managing director of global business development of Pernod Ricard, said.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
April 17, 2019 01:56 ET (05:56 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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