(Reuters) - Bacardi has agreed to buy out Patron Spirits International in a deal valuing the top high-end tequila maker at $5.1 billion, highlighting the appetite big drinks groups have for the ...

Forbes contributors publish independent expert analyses and insights. Brian Freedman covers wine, spirits, food, and travel. Bacardi Ltd., which has owned approximately a quarter of the parent company ...

Liquor giant Bacardi didn't just want another tequila in announcing Monday that it has picked up the rest of the Patron brand, which it values at $5.1 billion. Rather, Bacardi sees Patron as the key ...

Bermuda-based Bacardi Ltd. will purchase a significant minority stake in the internationally-renowned tequila brand Patrón. John Paul DeJoria, co-founder of Patrón tequila said the agreement will make ...

In a transaction that will pair two of the world's biggest closely held distillers, Bacardi Limited will purchase the rest of Patron Spirits in a deal that puts Patron's value at a whopping $5.1 ...

Jan 22 (Reuters) - Bacardi has agreed to buy out Patron Spirits International in a deal valuing the top high-end tequila maker at $5.1 billion, highlighting the appetite big drinks groups have for the ...

Bacardi owns a lot of brands. The latest addition to its sizeable portfolio is Patron tequila in a deal worth a reported $5.1 billion. Jefferies analysts put the price at about 25.5 times Patron’s ...