Tag Archive: Beam Inc
News Briefs for January 21, 2014
•Proximo Spirits has introduced a new whiskey brand—Tincup American Whiskey—into select U.S. markets. Continue reading →
Posted in News on January 21, 2014News Briefs for January 17, 2014
•Suntory’s proposed $16 billion acquisition of Beam Inc. is being targeted by at least two lawsuits brought by Beam shareholders, both of which assert that Beam’s board has accepted a price that undervalues the company. Continue reading →
Posted in News on January 17, 2014As Flavored Whiskies Expand, Top Players See Opportunities And Challenges
With more than 50 new flavored whiskey products hitting the U.S. market in the first half of 2013 alone, producers have placed a big bet on the segment’s expansion. Continue reading →
Posted in News on January 15, 2014Analysts See Bidding War For Beam As Unlikely
Following yesterday’s blockbuster announcement that Suntory has agreed to acquire Beam Inc. for $16 billion (including $2 billion in debt), the general consensus among analysts is that the high multiple offered, a termination fee included in the deal and other factors make the prospect of a fierce bidding war for Beam unlikely. Continue reading →
Posted in News on January 14, 2014Japan’s Suntory To Acquire Beam Inc. For $16 Billion, Creating Fourth-Largest Spirits Player
Japanese drinks group Suntory Holdings has agreed to acquire Beam Inc. in a transaction worth $16 billion. Continue reading →
Posted in News on January 13, 2014Beam, Timberlake Partner On New Sauza 901 Tequila
Tequila appears to be the category of choice these days for aspiring celebrity spirits marketers. Just a day after the news that Diageo and Diddy are teaming on DeLeón Tequila, Beam Inc. confirms to SND that it’s partnering with Justin Timberlake on a new Tequila project, Sauza 901, which will appear in select U.S. markets early this year. Continue reading →
Posted in News on January 9, 2014
