>>> Pernod Ricard preparing sale of Jan Becher, sale price could reach USD 200m

Pernod Ricard preparing sale of Jan Becher, sale price could reach USD 200m

Pernod Ricard, a French wine and spirits company. is preparing a sale of its Czech liquor producer Jan Becher, a newswire reported on Tuesday.

Stock Spirits Group and SPI Group are likely to be among the potential bidders, according to Reuters, which cited undisclosed sources. Societe Generale was named as a transaction advisor, sources claimed.

The first round of the sale tender is to start this Friday, one of the sources noted. Jan Becher produces Becherovka, a popular digestive liquor, the item said.

The selling price could reach USD 200m, noted the report.


Source Newswire Round-up