Search Results for: Russian Standard
SPI, Partners Considering Counterbid To Tariko’s Offer For CEDC
Days after troubled vodka producer Central European Distribution Corp. endorsed a restructuring of its business to be led by Russian Standard chairman Roustam Tariko, Shanken News Daily has learned that Stolichnaya owner SPI Group is contemplating its own offer for CEDC, as part of a consortium that also includes Russia’s Alfa Group and CEDC shareholder Mark Kaufman. Continue reading →
Posted in News on March 15, 2013News Briefs for March 11, 2013
•Fueled by its increasing emphasis on emerging markets, Diageo has announced plans to refocus its global supply and procurement operations. Continue reading →
Posted in News on March 11, 2013News Briefs for March 5, 2013
•Stolichnaya parent company SPI Group is reportedly eyeing a takeover of Poland’s debt-ridden Central European Distribution Group (CEDC). Continue reading →
Posted in News on March 5, 2013News Briefs for February 26, 2013
•Napa-based Crimson Wine Group has officially spun off from New York investment firm Leucadia National Corporation. Continue reading →
Posted in News on February 26, 2013News Briefs for January 16, 2013
•Moët Hennessy-owned Glenmorangie has unveiled the fourth limited edition release—Ealanta—in its Private Edition range. Continue reading →
Posted in News on January 16, 2013Tariko To Take Control Of CEDC, In Exchange For $65 Million In Funding
Roustam Tariko, who has been engaged in a war of words with Central European Distribution Corp.’s board of directors over the past few months, is assuming operational control of the company in exchange for up to $65 million in funding. Continue reading →
Posted in News on January 2, 2013
