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Italian distiller Campari buys French cognac maker for 684m euros

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Davide Campari-Milano SpA, the Italian distiller, agreed to buy French cognac maker Grand Marnier Group in a deal that values the family-owned company at 684 million euros (S$1.05 billion), adding more high-end spirits to its portfolio.

London

Davide Campari-Milano SpA, the Italian distiller, agreed to buy French cognac maker Grand Marnier Group in a deal that values the family-owned company at 684 million euros (S$1.05 billion), adding more high-end spirits to its portfolio.

Grand Marnier investors will get 8,050...

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