Pernod Ricard plans reorganization into two main brand divisions

Investing.com -- Pernod Ricard (EPA: PERP) is planning to reorganize its business by grouping its brands into two main divisions, according to an internal presentation quoted by Reuters on Wednesday.

The French spirits maker reportedly confirmed it had announced an "internal project to create a more agile and simplified organisation" when contacted about the matter.

The company’s streamlining effort appears aimed at creating a more efficient operational structure as it navigates the current challenging market environment

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