14 October 2026
14 October 2026
Germany's federal parliament still needs to approve the legislation before it can officially enter into force.
A quarterly report from the company's receiver said three possible buyers have "expressed serious interest in purchasing substantially all assets related to the Uncle Nearest whiskey operations".
UK trade union Unite said three planned days of strikes at the spirits giant’s site in Cameronbridge in Scotland have been put on ice.
Last week, the spirits producer exited legal protection proceedings (LPP) after creditors rejected a plan to restructure the Latvian group’s liabilities.
The nascent US business has received backing from singer Justin Timberlake, actress Jessica Biel and Barry's exec Joey Gonzalez.
Hijos de Rivera identified Germany as a “strategic” market for the business.
When PepsiCo agreed to acquire Poppi last year, it offered to pay an additional $300m if “certain performance milestones” are achieved by the third quarter of 2027.
On an earnings call, LVMH executive Rodolphe Ozun said its “key Champagne brands all contributed to growth” in the third quarter.
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