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Image header Agence Europe
Europe Daily Bulletin No. 11064
ECONOMY - FINANCE - BUSINESS / (ae) competition

Commission gives go-ahead to Suntory's acquisition of Beam

Brussels, 22/04/2014 (Agence Europe) - On Tuesday 22 April, the European Commission gave the go-ahead to the purchase of Beam of the United States, which manufactures Jim Beam bourbon whisky, by Japan's Suntory Holdings Limited, which is active in a number of sectors globally, such as the manufacture and distribution of alcoholic and non-alcoholic drinks (e.g. Orangina and Schweppes). Suntory makes 90% of its spirit sales in Japan. In the European Economic Area (EEA) both parties largely...

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