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Suntory Holdings to Acquire Beam in $16 Billion Transaction
Date: Jan 13, 2014
Source: Suntory Holdings Limited
- Beam Stockholders to Receive $83.50 Per Share in Cash
- Agreement Represents a Premium of 25% Over the Closing Price on January 10, 2014 and a Multiple of More Than 20 Times Beam’s Latest 12 Months’ EBITDA*1
- Creates the World’s #3 Premium Spirits Player with Portfolio of Leading Brands Across Key Spirits Categories, Enhanced Global Reach and Unparalleled Expertise in the Fast-Growing Whisky Category
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