March 14, 2016 / 12:04 PM / 2 years ago

Grand Marnier says Campari to buy its distribution unit

A Campari bottle is seen in a bar downtown Milan, February 29, 2016. REUTERS/Stefano Rellandini

PARIS (Reuters) - Grand Marnier GDMR.PA said on Monday that Italy’s Campari (CPRI.MI), the world’s sixth-largest premium spirits maker, was set to acquire the global distribution business of the French cognac maker, confirming a report by Bloomberg.

Trading in Paris-based Grand Marnier’s shares was suspended on Monday.

Reporting by Joseph Sotinel; Writing by Maya Nikolaeva; Editing by James Regan

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below