Pernod Ricard (RI FP) and Brown-Forman (BF.B) have ended merger talks, Bloomberg reports

The termination of merger talks between Pernod Ricard and Brown-Forman suggests a potential setback in consolidation within the beverage sector, which may impact investor sentiment in related equities.

Newsquawk StaffPublished 28 Apr 2026, 20:59 UTCOn the live feed at 20:39 UTC — 1 more headline followed before this page went public

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21:01

UK Chancellor Reeves says the Government needs to make targeted interventions that will not have a lasting impact on interest rates

20:54

Disney (DIS) has decided to not spin off ESPN, Business Insider reports citing sources, however the idea could be revisited in the future

20:39

Pernod Ricard (RI FP) and Brown-Forman (BF.B) have ended merger talks, Bloomberg reports

20:36

US Private Energy Inventories (bbls): Crude -1.8mln (exp +0.3mln), Distillate -2.6mln (exp. -2.3mln), Gasoline -8.5mln (exp. -2.1mln), Cushing -0.8mln

20:26

Kone (KNEBV FH) is reportedly nearing a EUR 29bln deal to acquire TK Elevator, with a deal potentially announced on Wednesday

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This shift could reflect underlying challenges in achieving synergies or regulatory approvals, and it may make other players in the sector reconsider their strategic options or valuations.

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