Japanese brewer and distiller Suntory has reached a deal to buy Beam, the maker of Jim Beam and Maker's Mark, in a cash deal worth roughly $16 billion, including the assumption of debt. Also, specialty pharmaceutical company Forest Laboratories said last week it has agreed to pay $2.9 billion in cash to acquire Aptalis Pharma.
January 16, 2014 at 12:00 AM
1 minute read
Japanese brewer and distiller Suntory said Monday it has reached a deal to buy Beam, the maker of bourbon brands such as Jim Beam and Maker’s Mark, in a cash deal worth roughly $16 billion, including the assumption of debt.
The deal is the largest ever for Suntory and is also one of the biggest overseas acquisitions by a Japanese company.
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