Pernod Ricard, the maker of Chivas Regal whisky and Jacob’s Creek wine, has become the latest French company to ask shareholders to approve a “poison pill” mechanism introduced by the government earlier this year.

At the group’s annual meeting on November 7, investors will be asked to vote on a resolution authorising Pernod Ricard’s board to issue warrants convertible into shares at a discounted price in the event of an unsolicited takeover app-roach. The tactic would drastically inflate the purchase price for any suitor making an offer for the company without first winning over Pernod Ricard’s directors.