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Pernod buys Absolut vodka firm for $8.87 billion (Reuters)

March 31st, 2008 by

Empty bottles are washed on a production line at the Absolut bottling facility in Ahus in this photo taken July 17, 2007. (Bob Strong/Reuters)Reuters - France’s Pernod Ricard said on
Monday it had won an auction to buy Sweden’s Vin & Spirit AB
, the maker of Absolut vodka, in a deal worth 5.63
billion euros ($8.87 billion) including debt.

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