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PERNOD RICARD RESTRUCTURING
India's premium liquor boom defies global slowdownIndia's demand for premium liquor is surging. This trend defies global patterns where consumers are buying less expensive options. Despite ...- Pernod Ricard expects H2 growth to stay resilient despite tax headwindsFrench spirits giant Pernod Ricard will not list its India business. India remains a critical growth engine for the company. The country is...
- Nestle India appoints former Pernod Ricard HR head Nitu Bhushan as its new HR chiefNestle India is bringing in Nitu Bhushan as its new Head of Human Resources. She joins from Pernod Ricard. The company also announced other...
- United Spirits warns of tough H2 despite strong Q2 led by premium brandsUnited Spirits’ MD Praveen Someshwar said strong Q2 sales were driven by urban demand and premium brands, but warned of a challenging secon...
- Tilaknagar Industries shares rise over 1% as CCI approves Rs 4,150 cr acquisition of Imperial Blue whisky bizTilaknagar Industries share price: Tilaknagar Industries received CCI approval to acquire Pernod Ricard India’s Imperial Blue whisky busine...
- CCI approves Tilaknagar Industries proposal to acquire Pernod Ricard's Imperial Blue bizFair trade regulator CCI has approved Tilaknagar Industries' acquisition of the Imperial Blue whisky business from Pernod Ricard India. The...
- Bonjour Les Amis! L'Oreal, Pernod Ricard top executives in India this week amid slowdownTop leaders from Pernod Ricard and L'Oreal will visit India this week. They will assess operations and explore restructuring for future gro...
- Pernod Ricard high on India despite Maharashtra bottlenecksPernod Ricard anticipates immediate margin and growth benefits in India from the Imperial Blue sale, despite a significant excise duty hike...
- Tilaknagar Industries in talks to raise Rs 2,000 cr for Imperial Blue dealTilaknagar Industries is in discussions with Standard Chartered, JP Morgan, and Nomura to secure ₹2,000 crore in debt. This funding will su...
- Tilaknagar Industries acquires Imperial Blue from Pernod RicardPernod Ricard is set to sell its Imperial Blue whisky business to Tilaknagar Industries, pending regulatory approval. This move allows Pern...
- Tilaknagar to acquire Pernod Ricard's Imperial Blue whiskey, announcement likely on WednesdayTilaknagar Industries is set to acquire Imperial Blue whiskey from Pernod Ricard. The deal is expected to be finalized soon. Tilaknagar's b...
- Suntory looks for a high with Imperial Blue buySuntory is reportedly reviving its interest in acquiring Imperial Blue whiskey from Pernod Ricard, amidst Pernod's global restructuring and...
- Tilaknagar plans to raise $500 million to fund Imperial Blue acquisitionTilaknagar Industries, known for Mansion House brandy, aims to raise up to $500 million to potentially acquire Imperial Blue whisky from Pe...
- Pernod Ricard launches restructuring plan as spirits sales slidePernod Ricard is reorganizing its business structure by consolidating brands into two primary divisions, as revealed in internal documents....
- Liquor companies seek price hike as inflation dulls spiritsIn India, retail and wholesale prices of alcohol are controlled by states that account for over 65% of the overall market, making it diffic...
- Pernod Ricard starts laying off employees in India rejigIncidentally, the layoffs come at a time when Pernod has rolled out new brands like Imperial Red rum and reintroduced Something Special, a ...
- Kishore Chhabria-led Allied Blenders & Distillers offers to buy 51% stake in TilaknagarThis could mark another round of consolidation in the world's third biggest spirits market after Diageo snapped up United Spirits in recent...
- Glenlivet tops Indian single malt marketThe world's largest whisky nation is revving up a single malt story, which some of the most storied brands are out to win.
- Suntory bursts into India with $16bn Beam buySuntory will now rival Diageo and Pernod Ricard in India's top-end lifestyle drinks market, also the most profitable.
- Diageo India ropes in former McKinsey partner as MDGlobal drinks leader Diageo continues to uncork surprises in the Indian market.
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