trending Market Intelligence /marketintelligence/en/news-insights/trending/zQKKwFvUx_RFjzMZVPfIDQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Pernod Ricard exploring sale of wine division

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


Pernod Ricard exploring sale of wine division

French spirits-maker Pernod Ricard SA has held early discussions for a possible sale of its wine unit, Bloomberg News reported March 13, citing anonymous sources.

The wine division, which includes Australia's Jacob's Creek and Spain's Campo Viejo labels, reportedly has sales of about $500 million.

Discussions are at an early stage, and may not lead to a sale, the news outlet reported.

The company did not immediately respond to S&P Global Market Intelligence's request for comment.

Pernod Ricard is under pressure from activist hedge fund Elliott Management Corp. to improve its performance. Elliott Management disclosed a 2.5% stake in Pernod Ricard in December 2018.

According to Bloomberg, Pernod Ricard started evaluating options for the wine unit before being targeted by the hedge fund.

The Paris-based company told Bloomberg that the company "is under no external pressure and has already mentioned several times that it intends to continue the dynamic management of its portfolio."