India’s Reliance Industries Ltd has agreed to purchase a controlling stake in Mandarin Oriental New York, a five-star hotel in midtown Manhattan, through the purchase of its Cayman Islands-based parent for $98 million. In a stock exchange filing on Saturday, Reliance… Read More ›
Five Star
Sazerac acquires 19 spirit brands from Diageo Plc for $550 million
The deal assumes significance since it marks Sazerac’s new market focus on premium brands and also because it continues to maintain consistence across Diageo’s spirits, as the two have entered into a long-term supply contracts agreement. U.S. based Sazerac is… Read More ›