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Pernod wins Absolut vodka in $8.9 billion deal (Reuters)

March 31st, 2008 by

The production line at the Absolut bottling facility in Ahus, July 17, 2007. France's Pernod Ricard won a hard-fought auction on Monday to buy the maker of Sweden's Absolut vodka in a 5.63 billion euro ($8.87 billion) deal, but its shares fell on concerns over the price. (Bob Strong/Reuters)Reuters - France’s Pernod Ricard
won a hard-fought auction on Monday to buy the maker
of Sweden’s Absolut vodka for 5.63 billion euros ($8.9
billion), taking it close to being the world’s biggest spirits
company.

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