PERNOD: SHAREHOLDER MEETING PROMPTS RUMORS OF V&S BIDDING WAR

Pernod will reportedly ask shareholders next month to raise the limit on its fund raising ability, which has sparked rumors it will soon bid on V&S. Its current limit is 3 billion euros, but the company wants to raise the limit to 5 billion euros. When asked by Reuters, a company spokeswoman declined to comment on whether the company was preparing for a possible bidding war for V&S.