Allied Domecq to be sold for $14 billion

Article Abstract:

Allied Domecq PLC of the United Kingdom is to be acquired by Pernod Ricard S.A. and Fortune Brands Inc. for approximately $14 billion. Allied Domecq PLC securities have increased by 38 percent since the talk of takeover and have risen by 21 percent since the start of April. The deal is still in need of approval by regulators.

United Kingdom, Acquisitions & mergers, Distilled and blended liquors, Beer, Wine & Liquor, Whsle, Beer, Wine, and Distilled Alcoholic Beverage Wholesalers, Mergers, acquisitions and divestments, Company acquisition/merger, Alcoholic beverage industry, Company Profile, Allied Domecq PLC, Pernod Ricard S.A., Fortune Brands Inc., FO

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De Beers, LVMH near pact for branded diamond jewelry

Article Abstract:

LVMH Moet Hennessy Louis Vuitton SA has formed a joint venture with De Beers Consolidated Mines Ltd. for selling branded diamond jewelry. Under the deal, De Beers would take advantage of LVMH's luxury brand management expertise.

South Africa, Jewelry (except Costume) Manufacturing, Jewelry, precious metal, Fashion Jewelry, Mining industry, Diamond industry, Diamonds, De Beers Consolidated Mines Ltd., LVMH Moet Hennessy Louis Vuitton S.A., Jewelry industry

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Nestle, Colgate form venture

Article Abstract:

Colgate-Palmolive Co. and Nestle S.A. have formed a functional confectionary joint venture. The venture will produce candy and gum products that are designed to whiten teeth and to fight plaque.

Chocolate and Confectionery Manufacturing from Cacao Beans, Confectionery Products, Switzerland, Candy & other confectionery products, Nonchocolate Confectionery Manufacturing, Hard Candy, Candy, Nestle S.A., Colgate-Palmolive Co., CL, Company joint venture, Oral hygiene products, Confectionery, Dentifrices

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