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Pandemic, tariffs and political uncertainty weigh on French distiller
Brewers and distillers cut costs and boost cash as coronavirus lockdowns force new sales strategies
Pernod Ricard to supply ingredients while gin makers join LVMH in switching production
First-half results beat expectations helped by earlier lunar new year and cost cuts
Spirits industry leaders and new brands chase new premium market
Welcome to Due Diligence, the FT’s daily deals briefing
Paris establishment grapples with how to respond as bigger companies become targets
French drinks maker’s thirst for reform will be welcomed by the US activist investor
Maker of Jameson whiskey under pressure from activist investor Elliott Management
Beer sales flag as consumers opt for healthier options while spirits and cocktails boom
Campari chief predicts dealmaking will rise as the benefits of scale start to outweigh dynastic pride
The Mega Files: Elliott Management and the activist challenge at Pernod Ricard
Chief executive unveils strategic plan to counter Elliott’s operating margin critique
Creates lead independent director post on board
US hedge fund Elliott Management disclosed €1bn stake in December
Chief executive Alexandre Ricard aims to defend French family spirits company from US activist
From Pernod Ricard to AC Milan, the hedge fund has breached traditional defences
US hedge fund Elliott is pushing for changes at the spirits maker
Shouty, New York-style activism plays poorly in Europe
Activist investor seeks higher margins and better governance at French spirits group
Acquisitions matter but a history of pricey purchases shows the value of taking a sober view
Rarity factor justifies high share price but cognac group is vulnerable to fashion
French company to launch joint venture in ‘very promising and dynamic market’
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