Pernod chairman predicts approval for Seagram deal

Article Abstract:

Pernod Ricard SA's chairman, Patrick Ricard, expects that his company's planned acquisition of Seagram's drinks assets will be approved by regulators by July 1, 2001. Antitrust authorities in Canada, the US, and the European Union are ruling on the deal.

Seagram

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Seagram managers abandon plans to buy drinks unit

Article Abstract:

Seagram Co.'s managers of its spirits and wine unit have terminated plans to make a buyout offer for the unit. Meanwhile, the two top bidders will probably be Allied Domecq PLC and a joint offer by Diageo PLC and Pernod Ricard S.A. of France.

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Brown-Forman, Bacardi Race To Boost Bid for Seagram

Article Abstract:

Canada-based Seagram Ltd. is negotiating with Brown-Forman Corp. and Bacardi Ltd. over the sale of Seagram's Captain Morgan rum brand. The negotiations have drawn Allied Domecq into the bidding war, along with Diageo PLC and Pernod Ricard SA.

United States, Bermuda, Brown-Forman Corp., BF.A, Bacardi Ltd.

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