Get a fresh start.
Add this topic to your myFT Digest for news straight to your inbox
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
Welcome to Due Diligence, the FT’s daily deals briefing
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’
French drinks group doubles down on premium spirits as first-half sales rise 5.1%
Premium strategy has worked well but has its limits
Connoisseurs drive growth at the expense of the headache-inducing low end
