date:Sep 05, 2012
Campari said it had agreed to buy Trinidad and Tobago-based CL Financial Limiteds (CLFs) 81.4% stake in LdM, and expects to acquire all outstanding and ordinary shares via a public offer under the Jamaican Takeover Code, with both actions slated for completion by Q4 2012.
The Milanese firm said the takeover was the third largest in its history (after it bought Wild Turkey from Pernod Ricard for $575m in 2009, and became majority shareholder in Skyy Spirits in 2001) and would allow it to enter a