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Tag Archive: baijiu

No Big Deals On Horizon For Pernod, Says Pringuet

Pernod Ricard CEO Pierre Pringuet says the French drinks giant will continue to avoid large acquisitions for the foreseeable future, but is open to smaller bolt-on deals in the U.S. and China. Continue reading →

Posted in News on May 31, 2012

Diageo Gets Approval For Chinese Baijiu Play

After a wait of several months, Diageo has gained Chinese regulatory approval to pay RMB140 million ($22m) to up its stake in Sichuan Chengdu Quanxing Group by 4%, bringing its holding in the group to 53%. Continue reading →

Posted in News on June 27, 2011