Pernod CFO says talks with Brown-Forman are "ongoing"
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FILE PHOTO: Bottles of Pernod Ricard's brands are displayed at a bar during a photo opportunity, in Gurugram, India, November 26, 2024. REUTERS/Priyanshu Singh/File Photo
PARIS, April 16 (Reuters) - Pernod Ricard's talks to merge with U.S. rival Brown-Forman are continuing, Pernod Ricard's finance chief said on Thursday.
Helene de Tissot told a conference call with analysts that talks are "ongoing", adding the company does not intend to communicate further.
U.S. spirits group Sazerac has also offered to buy Brown-Forman for about $15 billion, a source familiar with the matter said on Wednesday, complicating Pernod Ricard's attempt to merge with the Jack Daniel's maker.
(Reporting by Dominique Vidalon. Editing by Dominique Patton)
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