News

FRANCE: Taittinger sale plans take shape

Most popular

Why whisky can no longer ignore flavour's allure

Why COVID has changed trade shows forever - focus

Top US craft brewers in 2020 - data

How COVID has closed the digital gap - trends

Top US brewers in 2020 - data

MORE

A firm line up of potential suitors for the Taittinger Champagne business could be in place within four or five weeks. According to a report in French newspaper Les Echoes, family head Claude Tattinger is looking to move quickly on a sale.

The report went on to say that two banks, Rothschild and BNP Paribas, have been retained to entertain offers and to ensure that the rights of large and small shareholders are respected.

Meanwhile La Tribune today said that Private equity firms PAI, Eurazeo, Cinven Group and Wendel Investissement have all made contact over acquiring the Champagne business Taittinger SA and its Societe Du Louvre unit.

According to its report, Taittinger's bank's have set a deadline of 20 July for firm offers for a deal that could fetch around €2bn for the business.


Sectors: Wine

Related Content

FRANCE: Taittinger sale gathers pace

FRANCE: Taittinger sale gathers pace...

Pernod Ricard lines up Beefeater RTDs for UK release

Pernod Ricard lines up Beefeater RTDs for UK release...

Henkell Freixenet expands Freixenet still wine collection

Henkell Freixenet expands Freixenet still wine collection...

PepsiCo CEO hails

PepsiCo CEO hails "rational" pricing as COVID knocks out promotions...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?