Constellation loses thirst for Allied Domecq

Drinks giant Pernod Ricard was given a clear run at Allied Domecq today when a rival pulled out of the takeover race.

Constellation loses thirst for Allied Domecq
Fri, 17 Jun, 2005 - 09:06

Drinks giant Pernod Ricard was given a clear run at Allied Domecq today when a rival pulled out of the takeover race.

US-based Constellation Brands said it could not justify an offer for Allied because a deal would not create “sufficient value”.

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CourtsBusinessHeathrowPlace: USPerson: Brown-FormanPerson: Richard SandsPerson: Jim BeamOrganisation: ConstellationOrganisation: Allied DomecqOrganisation: Pernod RicardOrganisation: Constellation BrandsOrganisation: AlliedOrganisation: Southern ComfortOrganisation: PernodOrganisation: Lion CapitalOrganisation: BlackstoneOrganisation: MummOrganisation: MontanaOrganisation: Perrier JouetOrganisation: Beefeater GinOrganisation: Tia MariaOrganisation: Courvoisier cognacOrganisation: Ballantine’sOrganisation: Teacher’s scotchOrganisation: Dunkin DonutsOrganisation: Baskin-RobbinsOrganisation: Fortune BrandsOrganisation: Chivas RegalOrganisation: GlenlivetOrganisation: Clan CampbellOrganisation: GuinnessOrganisation: SmirnoffOrganisation: Diageo
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