Beam Suntory sells its Sherry and Brandy business

From the drinks business: Beam Suntory has confirmed it is to sell its Jerez-based brandy and Sherry business, including its Harveys and Fundador brands, to the Philippines-based spirits producer Emperador for €275 million. ($291.5 million)

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Bessarabsky Market, Kyiv. Ukraine
Credit: Juan Antonio Segal, Flickr