The sale is to a consortium of buyers made up of Vinos de los Herederos del Marqués de Riscal SA and Gangutia SL (Bodegas Muriel) for a cash consideration of €28m on a debt-free/cash-free basis.
The transaction was signed and the cash consideration was paid simultaneously on 21 July 2010.
Pernod Ricard was advised in this transaction by BBVA Corporate Finance and Cuatrecasas-Gonçalves-Pereira.
Source: Pernod Ricard
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