Browsing Tag
Sazerac Company
3 posts
Sazerac launches €5.55-a-share Berentzen takeover after German drinks group cuts outlook
Sazerac Company has formally launched a takeover offer for Berentzen-Gruppe at €5.55 per share, targeting the German owner of Berentzen, Puschkin and Mio Mio only months after deteriorating consumer demand forced the beverage company to slash its 2026 earnings forecast.
Why Sazerac is considering a takeover of Germany’s Berentzen-Gruppe
Berentzen-Gruppe has confirmed negotiations with Sazerac over a possible takeover of all outstanding shares, sending the German beverage company’s stock sharply higher.
Why Republic National Distributing is cutting 558 Georgia jobs after Chapter 11 filing
Republic National Distributing Company is eliminating 558 Georgia positions by October 19 as its Chapter 11 process moves from asset sales toward an orderly wind-down of operations that have not found buyers, exposing how quickly a once-national distribution network has contracted.