date:Sep 09, 2014
ve five times, but certainly not six times, which was the case after the Seagram takeover (in 2000), after Allied Domecq in (2005) and after Absolut.
This would intimate that a gargantuan deal such as the $16 billion takeover of Beam effected by Suntory would be unlikely.
It [a takeover] would depend on the combined Ebitda of Pernod Ricard plus the target company, plus the benefit of the synergies, so it is difficult to give a precise number. But we are talking of billions of euro . . . maybe