{"id":96225,"date":"2017-04-01T05:05:06","date_gmt":"2017-04-01T09:05:06","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=96225"},"modified":"2017-04-01T05:05:06","modified_gmt":"2017-04-01T09:05:06","slug":"emperador-completes-buyout-of-mexicos-brandy-business-for-80-9-m-euros","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/04\/01\/emperador-completes-buyout-of-mexicos-brandy-business-for-80-9-m-euros\/","title":{"rendered":"Emperador completes buyout of Mexico\u2019s brandy business for 80.9 M euros"},"content":{"rendered":"<figure id=\"attachment_96226\" aria-describedby=\"caption-attachment-96226\" style=\"width: 959px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/04\/906686_10151408930319370_763204746_o.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-96226\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/04\/906686_10151408930319370_763204746_o.jpg\" alt=\"Listed liquor company Emperador Inc. has completed its acquisition of Domecq and Pedro Domecq brands from Pernod Ricard S.A. in Mexico for 80.9 million euros in a bid to expand its global footprint. (Photo: Emperador Brandy\/Facebook)\" width=\"959\" height=\"960\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/04\/906686_10151408930319370_763204746_o.jpg 959w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/04\/906686_10151408930319370_763204746_o-150x150.jpg 150w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/04\/906686_10151408930319370_763204746_o-300x300.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/04\/906686_10151408930319370_763204746_o-768x769.jpg 768w\" sizes=\"auto, (max-width: 959px) 100vw, 959px\" \/><\/a><figcaption id=\"caption-attachment-96226\" class=\"wp-caption-text\">Listed liquor company Emperador Inc. has completed its acquisition of Domecq and Pedro Domecq brands from Pernod Ricard S.A. in Mexico for 80.9 million euros in a bid to expand its global footprint. (Photo: <a href=\"https:\/\/www.facebook.com\/EmperadorBrandyPhilippines\/photos\/a.10150600284679370.397681.193813784369\/10151408930319370\/?type=3&amp;theater\">Emperador Brandy\/Facebook<\/a>)<\/figcaption><\/figure>\n<p>MANILA\u2014 Listed liquor company Emperador Inc. has completed its acquisition of Domecq and Pedro Domecq brands from Pernod Ricard S.A. in Mexico for 80.9 million euros in a bid to expand its global footprint.<\/p>\n<p>Emperador told the local bourse its subsidiary Bodegas Las Copas bought assets from Pernod, including the brands Presidente, Don Pedro and Azteca de Oro, as well as a winery in Baja California.<\/p>\n<p>Bodegas Las Copas S.L. is a joint venture company of its subsidiary Grupo Emperador Spain and wine conglomerate Gonzales Byass.<\/p>\n<p>The completion of the sale is subject to the authorization from the Mexican Antitrust Authority.<\/p>\n<p>Emperador said the acquisition cost will be sourced through a combination of cash on hand and external financing.<\/p>\n<p>The company said the transaction would enhance its equity interest in the joint venture.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u2014 Listed liquor company Emperador Inc. has completed its acquisition of Domecq and Pedro Domecq brands from Pernod Ricard S.A. &hellip;<\/p>\n","protected":false},"author":33,"featured_media":96226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[17285],"class_list":["post-96225","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-emperador-inc","mauthors-leslie-d-venzon","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/96225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=96225"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/96225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/96226"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=96225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=96225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=96225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}