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Activist Fund Elliott Amasses $1B Stake In Distiller Pernod Ricard

by nypost.com posted 10months ago 84 views
Paul Singer’s Elliott Management has taken a stake in Pernod Ricard worth more than 930 million euros ($1.05 billion) and will work with the family-backed French drinks company to try to improve its performance, the activist hedge fund said on Wednesday. Shares in the maker of Absolut vodka and Chivas Regal Scotch had risen nearly...

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