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Pernod Ricard USA has signed an agreement to acquire a majority stake in premium peanut butter-flavoured American whiskey brand, Skrewball.

Pernod Ricard has launched a new variety of flavoured rum under its Malibu brand, Malibu Peach Rum, which has an ABV of 21%.

Pernod Ricard India says it “strongly denies the allegations” made by India’s Enforcement that it violated the city's liquor policy, according to Reuters.

Pernod Ricard France has acquired a majority stake in Cockorico, a French brand specialising in premium ready-to-serve cocktails. 

Pernod plans to invest around $250m to build a carbon neutral distillery with ageing warehouses in Marion County, Kentucky, for Jefferson's Bourbon.

Pernod Ricard has invested $22m in its first-ever ready-to-drink canning line, located at its Fort Smith plant in Arkansas.

Pernod Ricard is strengthening its agave portfolio by acquiring a majority shareholding in Código 1530 Tequila, a range of ultra-premium tequilas. 

Pernod Ricard stated that it plans to significantly increase its minority stake in Sovereign Brands’ portfolio of premium wine and spirits brands.

Indian authorities have demanded that Pernod Ricard pay $244m for reportedly undervaluing concentrate imports for over a decade, according to Reuters.