July 9, 2013 Investment bank Houlihan Lokey has been hired to sell Nuvo, a sparkling liqueur brand that mixes French vodka, white wine and fruit flavours, in a deal that could fetch $50 million, a source familiar with the matter said on Monday. The brand, which was...

July 8, 2013 So close and yet so far. Last week, Gov. Tom Corbett's dream of privatizing liquor sales in Pennsylvania went down in flames, as state senators couldn't agree on a plan to get the commonwealth out of the booze business. It was the fourth time...

July 4, 2013 The world’s largest distiller Diageo Plc. on Thursday completed its takeover of Vijay Mallya-promoted United Spirits Ltd (USL), nearly eight months after the companies announced the transaction that will provide much-needed funds to the liquor baron and...

July 3, 2013 Forgive Pennsylvanians if they feel like Charlie Brown lining up to kick the football when they hear lawmakers say they are closer than ever to getting the state out of the booze business. Lawmakers failed to include liquor privatization in last weekend's...

July 2, 2013 --FTC seeks to block Ardagh Group's planned acquisition of Saint-Gobain's glass-bottle operations --The $1.7 billion deal was expected to create the biggest U.S. company in the sector --Ardagh said it would defend the deal in litigation while working to...

July 1, 2013 A recent circuit court ruling set the stage for a prolonged fight between local distributor Major Brands and national supplier Diageo — the latest move in Missouri's liquor wars, which the Wall Street Journal labels a "national test case" for the future...

July 1, 2013 A recent circuit court ruling set the stage for a prolonged fight between local distributor Major Brands and national supplier Diageo — the latest move in Missouri's liquor wars, which the Wall Street Journal labels a "national test case" for the future...

June 28, 2013 Major Brands Inc. is declaring a legal victory in its lawsuit against Diageo Americas Inc., which had sought to terminate its distribution agreement with Major Brands. In a June 20 ruling, released late Tuesday afternoon, St. Louis Circuit Judge Robert...

June 26, 2013 Lower booze prices and convenience are two key findings of a detailed economic study of expanded alcohol sales in Ontario. A system blending the LCBO with private sales similar to the system used in British Columbia would increase the amount of money the...