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Reuters: Pernod wins Absolut vodka in $8.87 billion deal

Started by chris, March 31, 2008, 11:01:02 AM

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chris

Pernod wins Absolut vodka in $8.87 billion deal
      


PARIS (Reuters) - France's Pernod Ricard won a hotly contested auction on Monday to buy the maker of Sweden's Absolut vodka for 5.63 billion euro ($8.87 billion), beating favorite Jim Beam bourbon-maker Fortune Brands.
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