Jump to content
House Price Crash Forum
Sign in to follow this  

Suntory Of Japan To Buy Maker Of Jim Beam For $13.6 Billion

Recommended Posts


Updated, 12:34 p.m. | Suntory, a privately held giant known for producing Japan’s first whiskey, has agreed to acquire the maker of Jim Beam and Maker’s Mark bourbons and Teacher’s and Laphroaig Scotch whiskies, for $13.6 billion.

Suntory, based in Osaka, is offering Beam shareholders $83.50 a share in cash, 25 percent above Beam’s closing stock price on Friday. It represents a multiple of more than 20 times Beam’s earnings before interest, taxes, depreciation and amortization for the 12 months ended Sept. 30.

Including the assumption of debt, the deal, which was announced on Monday, is valued at $16 billion.


Pointing to the high level of debt involved in the deal, Moody’s Investors Service said it was placing Suntory Holdings’ debt under review for a downgrade.

Someone looking to spend Bernanke dollars before they become worthless.

Paying over 25% for the shares!!!

Yeah the first leverage buyout. The bankers must be toasting tonight, and price of whisky to go up for the bankers to get their money?

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   209 members have voted

    1. 1. Which of the Prime Minister's options would you choose?

      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.