India’s competition watchdog has ordered an investigation into Pernod Ricard over alleged retailer exclusivity arrangements and market distortion practices in New Delhi.
Pernod Ricard and Brown-Forman end merger talks after failing to agree on terms, shifting focus back to independent growth strategies amid ongoing consolidation speculation in the global spirits industry.
Pernod Ricard explores India IPO amid strong growth while competing for Brown-Forman acquisition, highlighting strategic expansion and premiumisation focus in key global spirits markets.
Pernod Ricard exits key U.S. wine assets, selling Mumm Napa and Kenwood to Trinchero and Korbel to sharpen focus on premium spirits and champagne growth.
Brown-Forman confirms talks with Pernod Ricard over a potential merger-like partnership aimed at boosting scale, brand strength, and global competitiveness amid challenging market conditions.