The family that controls Jack Daniel’s maker Brown-Forman favors a potential sale to French distiller Pernod Ricard over a rival proposal from American spirits group Sazerac, a person familiar with the matter...
Food and beverage
Sazerac bids $15 billion for Jack Daniel’s maker Brown-Forman, source says
U.S. spirits group Sazerac has 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...
US spirits maker Sazerac explores deal with Jack Daniel’s owner, source says
Privately held U.S. drinks maker Sazerac is exploring a deal for Brown‑Forman, according to a source familiar with the matter, potentially emerging as a rival suitor for the Jack Daniel’s maker that is already in...
Unilever to buy supplements brand Grüns, boosting wellbeing focus post food spin-off
Unilever said on Thursday it will buy U.S.-based nutritional supplements brand Grüns for an undisclosed amount, as the British consumer goods giant increases its focus on wellbeing and beauty products. This is...
Magnum Ice Cream acquires 61.9% stake in Kwality Wall’s
Magnum Ice Cream Netherlands has completed the acquisition of a 61.9 per cent majority stake in Kwality Wall’s (India) Ltd (KWIL), resulting in a change in the promoter classification. “On 30th March, 2026...
Investor Artisan Partners backs Unilever’s plan to sell food unit
Artisan Partners, which has a history of driving strategic change at consumer companies, welcomed Unilever’s decision on Tuesday to merge its food business with McCormick, saying the Dove soap maker should now be...
Unilever and McCormick agree to food business deal
Unilever has agreed to separate its food unit, home to Knorr and Hellmann’s, and merge it with spice maker McCormick in a cash-and-stock deal valuing the British firm’s food business at about $44...
Magnum Ice Cream acquires 61.9% majority stake in Kwality Wall’s India
Magnum Ice Cream Netherlands has completed the acquisition of a 61.9 per cent majority stake in Kwality Wall’s (India) Ltd (KWIL), resulting in a change in the promoter classification. “On 30th March, 2026...
Unilever, McCormick near deal to create $60 billion food business
Unilever said on Tuesday it was in advanced talks to combine its food business with spice maker McCormick in a potential deal that would deliver $15.7 billion in cash and give shareholders majority control of the...
Unilever-McCormick potential food unit deal includes $16 billion cash component, WSJ reports
Unilever is in advanced talks to combine its food business with U.S. spice maker McCormick, in a deal that includes a cash component of around $16 billion, the Wall Street Journal reported on Monday, citing people...
Unilever shareholders to get majority stake in potential McCormick food deal, sources say
A proposed combination of Unilever’s food business with U.S. spice maker McCormick would offer the British group’s shareholders a majority stake in the new entity and tax benefits, two people familiar with...
Sula Vineyards inks deal to acquire Chandon’s Nashik winery
Sula Vineyards said it has signed a definitive agreement with Moet Hennessy India to acquire the wine production facility and estate of Chandon in Dindori, Nashik, as part of its expansion strategy. Spread across 19...
