Suntory

Business
7:56 am
Mon January 13, 2014

Suntory Buying Beam, Inc. In $16 Billion Deal

Bill Murray in "Lost in Translation," filming a fictional ad for Suntory.

Beam Inc., the maker of Jim Beam and Marker's Mark alcohol brands, has agreed to be acquired by Japan's Suntory Holdings Ltd. for approximately $13.62 billion.

Shares of the Deerfield, Illinois-based Beam rose in Monday premarket trading. Suntory will pay $83.50 per share, a 25 percent premium to Beam's Friday closing price of $66.97. The companies put the deal's value at about $16 billion, including debt.

Suntory has a portfolio of spirits, with whiskies including Yamazaki and Hakushu as well as Midori liqueur and other beverages.

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Business
2:58 pm
Mon December 10, 2012

Official Says Japanese Distiller May Bid For Beam, Inc.

A Japanese company is said to be considering making an offer to buy Beam, Incorporated.

An official with Suntory Holdings tells Bloomberg News that the Osaka-based whiskey and beer maker could make a solo bid for the American distiller or a joint offer with Diageo, the global spirits company headquartered in Britain.

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