POLAND: Pernod negotiations on Polish vodka hit stumbling block
By Chris Brook-Carter | 11 April 2001
Pernod Ricard was confirmed by the Polish Treasury yesterday as the sole bidder for 51% of shares in the country's leading vodka distiller and producer of Wyborowa vodka, Polmos Poznan. However, Pernod's fortunes in Poland are not going all its own way. Pernod subsidiary Agros currently holds the export rights to the country's vodkas, which are thought to be a major bargaining chip in the company's efforts to acquire Poznan.
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Pernod Ricard was confirmed by the Polish Treasury yesterday as the sole bidder for 51% of shares in the country's leading vodka distiller and producer of Wyborowa vodka, Polmos Poznan. However, Pernod's fortunes in Poland are not going all its own way. Pernod subsidiary Agros currently holds the export rights to the country's vodkas, which are thought to be a major bargaining chip in the company's efforts to acquire Poznan.
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