Brown-Forman rejects unsolicited $15bn takeover approach from Sazerac

Jack Daniels bottles on shelf

Source: Getty Images

A statement from Brown-Forman last night confirmed it had received an unsolicited approach from Sazerac but had concluded the offer was ‘not actionable’

Jack Daniel’s owner Brown-Forman has rejected a renewed takeover offer from Sazerac to focus on delivering long-term growth.

Already have an account? Sign in here

Want access to this article?

Register for LIMITED access

REGISTER FOR FREE

Get PREMIUM access for £1 a week

SUBSCRIBE NOW