PARIS, April 16 (Reuters) - Pernod Ricard's talks to merge with U.S. rival Brown-Forman are continuing, Pernod Ricard's finance chief said on Thursday. Helene de Tissot told a conference call with
Pernod Ricard CFO Confirms Ongoing Merger Talks with Brown-Forman
Merger Developments and Market Context
Pernod Ricard's Ongoing Negotiations
PARIS, April 16 (Reuters) - Pernod Ricard's talks to merge with U.S. rival Brown-Forman are continuing, Pernod Ricard's finance chief said on Thursday.
Official Statement from Pernod Ricard CFO
Helene de Tissot told a conference call with analysts that talks are "ongoing", adding the company does not intend to communicate further.
Competing Bid from Sazerac
Sazerac's Offer Details
U.S. spirits group Sazerac has also offered to buy Brown-Forman for about $15 billion, a source familiar with the matter said on Wednesday, complicating Pernod Ricard's attempt to merge with the Jack Daniel's maker.
Industry Impact and Next Steps
Reporting and Editing Credits
(Reporting by Dominique Vidalon. Editing by Dominique Patton)
