Investment bank UBS has downgraded Brown-Forman shares from neutral to sell, saying that it does not expect the drinks firm to strike a deal with Bacardi in the near future.

Investment bank UBS has downgraded Brown-Forman shares from neutral to sell, saying that it does not expect the drinks firm to strike a deal with Bacardi in the near future.
Investment bank UBS has downgraded Brown-Forman shares from neutral to sell, saying that it does not expect the drinks firm to strike a deal with Bacardi in the near future.