Pernod Ricard sells wine assets for 47 million euros

Pernod Ricard announces the disposal, by its subsidiary Pernod Ricard New Zealand, of Lindauer(TM) and several other New Zealand wine brands from Gisborne and Hawke's Bay.

The items sold are worth about 47 million euros. The closing of the transaction is subject to the New Zealand Overseas Investment Office’s clearance.

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