USA: Authorities clear the path for JBB Absolut deal

By Chris Brook-Carter | 10 May 2001

The US authorities have cleared the way for the proposed joint venture between Jim Beam Brands (JBB) and owners of Absolut vodka Vin & Sprit (V&S) and the companies anticipate that joint distribution of their spirits and wine brands will begin in June. JBB has announced that the $645 million deal is expected to close within the quarter after the waiting period for the US Federal Trade Commission review the transaction expired.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

The US authorities have cleared the way for the proposed joint venture between Jim Beam Brands (JBB) and owners of Absolut vodka Vin & Sprit (V&S) and the companies anticipate that joint distribution of their spirits and wine brands will begin in June. JBB has announced that the $645 million deal is expected to close within the quarter after the waiting period for the US Federal Trade Commission review the transaction expired.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

More articles related to this one

FRANCE: Remy Cointreau FY profits nosedive
Remy Cointreau has posted a drop in full year net profit in spite of increasing revenues.

FRANCE: €500m credit facility for Remy Cointreau
Remy Cointreau has signed a five-year credit facility for around €500m.

FRANCE: Remy Cointreau looks for Bols sale okay
Remy Cointreau has gone to holders of one of its bonds to gain permission to complete the sale of its stake in Bols.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page