97. The companies put the deal value at about $16 billion, including debt. Suntory plans to fund the deal with available cash and fully committed financing from The Bank of Tokyo Mitsubishi UFJ. Both companies boards unanimously approved the transaction, which is targeted to close in the second quarter. President's Volunteer Service Awards. The organizations receiving the awards provided Junior Achievement with significant volunteer resources during the 2013 14 school year. The awards will be presented at a gala dinner on March 10 in New York City in conjunction with Vans Atwood Grey
said for now, the deal will result in few changes for fans of Beam bourbons.
He also said that Beam, which was spun off as a stand alone liquor company in 2011 from conglomerate Fortune Brands Inc. , will continue with its current management. business as usual, Hine said, noting that Suntory has indicated it wants the company to doing what we doing. Adamson, managing director of Landor Associates, a New York based branding firm, said Beam can gain a competitive advantage from Vans Era Black Gum On Feet
JA's quarterly national board of directors meeting.
President George .
being part of bigger company with deeper pockets. He said that ownership by a foreign company shouldn hurt the All American images of Beam brands. Suntory will pay $83. 50 per share, a 25 per cent premium to Beam Friday closing price of $66.
eman, a spokesman for the Distilled Spirits Council. Suntory and Beam already had a relationship. Suntory distributes Beam products in Japan and has a portfolio of spirits with whiskies, including Yamazaki and Hakushu as well as Midori liqueur and other beverages. And Beam, which is based in Deerfield, Ill. , distributes Suntory products in Singapore and other Asian markets. Suntory President and Chairman Nobutada Saji said in a statement that the acquisition will help Suntory further its global growth. In recent years, Suntory Vans Era Black Gum has also purchased French beverage maker Orangina Schweppes Group and GlaxoSmith Kline Lucozade and Ribena drinks. Beam spokesman Clarkson Hine Vans Chukka Boot
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