Jim Beam & Maker’s Mark Purchased By Japan’s Suntory

From CNBC:

Suntory said on Monday it plans to buy Beam for $16 billion, including debt, making the Japanese company the world's third-largest maker of distilled drinks.

The $16 billion transaction includes $2 billion in assumed debt.

Beam's brands include Jim Beam, Maker's Mark, Sauza, Canadian Club and Courvoisier.

Suntory will pay $83.50 per share in cash, a 25 percent premium to Beam's closing share price of $66.97 on Friday.
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