Pernod Ricard to buy canned cocktail company

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Pernod Ricard has reached a deal to buy a Canadian maker of canned cocktails, a rapidly growing category in the global drinks market, adding to the distiller’s North America-focused expansion strategy. The group, which counts Absolut vodka, Martell cognac and Jameson whiskey among its brands, will take a 90% stake in Ace Beverage Group. The…

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