Japan’s Suntory Buys Beam In $16 Billion
Suntory Holdings Ltd, a family-owned Japanese maker of both alcoholic and soft drinks, struck a $16B deal to acquire BEAM Inc (NYSE:BEAM), the world’s fifth-largest spirits group by sales.
Suntory first to make whiskey in Japan
BEAM Inc (NYSE:BEAM) makes world-renowned bourbon whiskeys Jim Beam and Maker’s Mark, as well as Teacher’s and Laphroaig Scotch whiskeys. It also owns the Sauza tequila and Pinnacle vodka brands. Suntory . . .
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