The 1988 acquisition of Irish Distillers Ltd (IDL) by Pernod Ricard is the great drinks industry acquisition that almost never happened. As the story goes, the French company – then a fraction of the size of today’s colossus – originally only wanted a small slice of the Irish whiskey pie.
Putting fizz into PepsiCo: weighing up activist advice for US giant
Elliott Investment Management has amassed a $4bn stake in PepsiCo and set out ways the US group can improve. Should the company listen?
Dean Best September 18 2025









