Allied in Takeover Talks with Pernod

The JournalApril 06, 2005

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Summary


Drinks giant Allied Domecq has confirmed it is the subject of takeover interest from rival French group Pernod Ricard.

The company, which counts Beefeater gin and Malibu among its brands, said it was holding talks with Pernod about its interest.

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Extract


Allied in Takeover Talks with Pernod

The stock market value of Allied shot up 16pc to almost pounds 6.9bn following a brief statement in which the UK ...

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