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Burger, Fries and a Stoli No Longer
French spirits company Pernod Ricard, which has just offered $14.2 billion (US) to acquire Allied Domecq in concert with Fortune Brands of the United States, appears to be in a hurry to cut loose Allied Domecq's franchise operations.
Allied Domecq, which is a leading international distiller (its portfolio of brands includes a few of my favourites: Laphroaig and Ballantines Scotch, as well as Stolichnya Vodka, Kahlua and Canadian Club) currently owns and operates the Dunkin' Donuts, Togos and Baskin-Robbins franchise systems.
Emmanuel Babeau, the Finance Director of Pernod Ricard, notes in this Reuters article that Pernod Ricard expects lots of interest from American companies in the franchise systems.
April 21, 2005 | Permalink
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