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Brown-Forman rejects latest takeover bid from Sazerac
Brown-Forman has shared a statement revealing that its board of directors has turned down an unsolicited takeover bid from fellow spirits group Sazerac.
A potential bidding war over Jack Daniel's producer Brown-Forman is emerging after Sazerac made a $15 billion offer to acquire Brown-Forman, according to Reuters.
Brown-Forman to bring flavoured malt beverage portfolio in-house, ending US partnership with Pabst
Brown-Forman Corporation and Pabst Brewing Company have announced a mutual agreement to conclude their US partnership related to flavoured malt beverages.