Jay Z’s portfolio just got a little sweeter.
New York-based Sovereign Brands announced plans Wednesday to sell its stake in luxury champagne brand Armand de Brignac to a new, as yet-unnamed company set up by the hip-hop icon.
New York-based wine and spirits company Sovereign Brands tapped Cooley for counsel on its sale of its interest in the Armand de Brignac Champagne brand to a new company led by hip-hop icon Shawn "Jay Z" Carter.
November 05, 2014 at 05:55 PM
1 minute read
Jay Z’s portfolio just got a little sweeter.
New York-based Sovereign Brands announced plans Wednesday to sell its stake in luxury champagne brand Armand de Brignac to a new, as yet-unnamed company set up by the hip-hop icon.
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