Continuing its run of aggressive dealmaking, Constellation Brands has sold its Canadian wine business to the Ontario Teachers’ Pension Plan for C$1.03 billion ($784m), while also acquiring five upscale wine brands from Washington-based Charles Smith Wines for $120 million. The … Continue reading →
The post Constellation Strikes More Deals, Buying Charles Smith Brands And A Stake In Bardstown Bourbon, Selling Canada Wines appeared first on Shanken News Daily. Read more
As part of its renewal of relations with Cuba, the U.S. government has lifted restrictions on the dollar value of Cuban rum and cigars allowed to be brought back to the U.S. by travelers returning from other countries, including Cuba. … Continue reading →
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•Angel’s Envy, part of the Bacardi portfolio, is introducing a limited edition cask strength whiskey finished in Port barrels to select markets. The brand’s 2016 Cask Strength edition (62.3% abv) retails at about $180 a 750-ml. bottle and is available … Continue reading →
The post News Briefs for October 17, 2016 appeared first on Shanken News Daily. Read more