Tuesday 06 Oct 2026
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GDANSK (Sept 21): US spirits maker Sazerac on Monday launched a takeover offer for all shares of beverage firm Berentzen for €5.55 (US$6.37) apiece, which is supported by Berentzen's supervisory and executive boards.

The German schnapps maker confirmed talks over a potential takeover by privately held Sazerac on Thursday. The Louisville, Kentucky-based company has been focused on buying young brands and underperforming labels from large conglomerates to expand beyond its domestic market.

On Friday, Berentzen closed at €4.53 per share. The company is to be delisted following the acquisition, which Sazerac expects to close during the fourth quarter.

Uploaded by Liza Shireen Koshy

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