BACARDI WELCOMES ITS LATEST PREMIUM VODKA

It’s final. Shareholders have accepted Bacardi’s offer to acquire the New Zealand spirits company 42 Below, much to Bacardi’s satisfaction. The spirits company confirmed yesterday it had received shareholder acceptance for the $91 million purchase.

Bacardi said it plans to begin the compulsory acquisition of the shares for which it does not receive acceptances by Friday (15 December), after receiving the “okay” from shareholders for 90% of shares of 42 Below.