Archives for April 5, 2005

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Pernod and Fortune in talks to buy Allied Domecq

Allied Domecq, the world's second biggest spirits company, has confirmed that it is in talks with Pernod Ricard and Fortune Brands over its possible sale, a move that emphasizes the current rate of global consolidation in the sector, writes Simon Pitman.

Coke buys up Bulgarian mineral water company

Coca-Cola Hellenic Bottling has acquired a 100 per cent stake of Bankia, one of the leading Bulgarian natural mineral water companies, in a move that further expands the company's presence in the fast-growing Eastern European market for bottled water,...