PERNOD CAN KEEP NEW ZEALAND BRANDS

Pernod will be able to keep five key brands - Lindauer, Aquila, Chardon, Chasseur and Italiano - in New Zealand after the country’s competition watchdogs ruled in favor of Pernod.

New Zealand’s Commerce Commission had launched an investigation once Pernod hinted they may not sell the brands after the Commission originally asked Pernod to do so. However, the Commission stated early this week that “the (Allied) acquisition is unlikely to have resulted in a substantial lessening of competition in any market”.