Sazerac offers €5.55 cash for Berentzen as shares jump
Privately-owned Sazerac is offering €5.55 per share in cash for Germany’s Berentzen, a 68% premium. The supervising and executive board backed the offer.
55 a share in cash for German rival Berentzen, a 68% premium. Both the supervisory board and the executive board backed the offer, describing it as an “outstanding opportunity”.