Whiskey
Drinks giant Bacardi aiming to buy controlling stake in Teeling
Negotiations between both parties are understood to be ongoing, according to senior sources in the whiskey industry
Bacardi, the multibillion-dollar rum and spirits giant, is aiming to buy a controlling stake in Irish whiskey company Teeling, the Business Post understands.
Negotiations between both parties are understood to be ongoing, according to senior sources in the whiskey industry. Both Teeling Whiskey and Bacardi declined to comment when contacted by the Business Post.
Headquartered in Bermuda, Bacardi already owns a 40 per cent stake in Teeling, which was founded by Jack and Stephen Teeling ...
