FRANCE: Taittinger holds talks with Frere over pact
The Taittinger family is in talks with Belgian financier Albert Frere in a bid to secure a shareholder pact, which will guarantee continued family control of the Champagne and hotels group. Frere bought into Taittinger in January 2001 after the company successfully fought off attempts by US-based corporate raiders, Asher Edelman and Guy Wyser-Pratte, to take over its hotels arm, Societe du Louvre. Frere, also on the board of Champagne and luxury goods group, LVMH, is thought currently to hold 19% of Societe du Louvre and 15.3% of its majority shareholder, Taittinger.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Diageo NA head on Trump, Millennials, Bourbon
- Has Millennial-mania drowned out elder consumers?
- Interview - Loch Lomond GTR head Andre de Almeida
- Absolut and Smirnoff's conflicting Millennial view
- Brown-Forman's H1 performance by region, brand
- Coca-Cola CEO Muhtar Kent set to stand down
- Diageo wine assets integration head to leave TWE
- Brown-Forman's barrel sales take Scotch hit
- Absolut not "sufficiently focussed" on Millennials
- Angostura places CEO on administrative leave
- Luxury Alcoholic Drinks: The Spirit of Premiumisation
- Global gin insights - market forecasts, product innovation and consumer trends
- Global Wine Market 2016-2020
- Global Cognac insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends