Pernod Ricard SA (PERP.PA)
18 Dec 2018
Dec 18 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:
PARIS, Dec 18 French spirits group Pernod Ricard , which is targeted by activist investor Elliott Management, said on Tuesday it was buying an unspecified stake to become a "strategic shareholder" in Jumia, Africa's leading online retailer.
PARIS, Dec 13 Groupe Bruxelles Lambert (GBL) renewed its support for Pernod Ricard's management and strategy on Thursday after the French drinks group was targeted by activist fund Elliott Management.
PARIS French drinks group Pernod Ricard , which is being targeted by activist hedge fund Elliott, said on Thursday it was on track to achieve its medium-term goal of mid-single digit sales growth in the United States, which is its top market.
* Elliott said Pernod lost market share in some key areas (Adds details and background)
PARIS, Dec 13 French drinks group Pernod Ricard , which is being targeted by activist hedge fund Elliott, said on Thursday it was on track to achieve its medium-term goal of mid-single digit sales growth in the United States, which is its top market.
* Pernod hits record high after activist move (Writes through, adds details, closing prices)
LONDON/PARIS Elliott Management has built up a stake in Pernod Ricard and called on the family-backed French drinks company to boost profit margins and improve returns for investors.
* Elliott wants cost cuts, suggests merger with rival-source (Adds Pernod Ricard statement, Bernstein comments, updates shares)
LONDON/PARIS Elliott Management has taken a stake in Pernod Ricard and wants the family-backed French drinks company to try to improve its performance via cost cuts and a potential merger with a rival.