Sazerac, a major spirits company, has announced an investment in the 818 Tequila brand.

In an exclusive report, Sazerac is said to have made an offer of approximately $15 billion to acquire Brown-Forman.

Brown-Forman (BF.B) shares surged 12.9% following news of a takeover bid from Sazerac, indicating strong market reaction to the potential acquisition.

Sazerac, a major spirits company, is reportedly eyeing a potential acquisition or partnership deal with Brown-Forman, the parent company behind the iconic Jack Daniel's whiskey brand.

Brown-Forman, the company behind Jack Daniel's whiskey, is reportedly leaning towards a potential sale to Pernod Ricard. Sources indicate that Brown-Forman favors Pernod Ricard's offer over a competing bid from Sazerac.

Sazerac has reportedly made an offer to buy out Brown-Forman for $15 billion, according to the Wall Street Journal.

Shares of Brown-Forman experienced a significant rise after reports indicated that spirits seller Sazerac expressed interest in a deal with the Jack Daniel's maker.

US spirits maker Sazerac is reportedly exploring a potential deal with Brown-Forman, according to reports from the Wall Street Journal.

Kentucky spirits company Sazerac is reportedly preparing a $15 billion cash offer to acquire Brown-Forman, the maker of Jack Daniels, amidst a decline in alcohol consumption.

Reports suggest that Sazerac will face significant challenges if it attempts to interfere with the ongoing merger discussions involving the company behind Jack Daniel's whiskey.

Shares of Brown-Forman experienced a significant surge following an "approach" from Sazerac. This market reaction indicates investor response to potential corporate developments involving the two companies.