Brown Forman Corp (BF.A)

Pernod Ricard Abandons Merger Talks with Brown-FormanApril 29, 2026 6:00 AM
IH Market News
Pernod Ricard (EU:RI) said it has called off discussions with Brown-Forman (NYSE:BF.A) after the two companies were unable to agree on deal terms.The negotiations, which had been underway for just over a month, ended without a transaction. Pernod Ricard had revealed on March 27, 2026 that it was exploring a potential tie-up with Brown-Forman, framing it as a merger of equals that would combine the capabilities and leadership of both businesses.Despite recognising the strategic rationale behind a possible combination, Pernod Ricard concluded that the proposed structure would not deliver sufficient value for shareholders. The decision to step away highlights the group’s continued focus on disciplined capital allocation and long-term returns.Brown Forman stock price

Original: Pernod Ricard Abandons Merger Talks with Brown-Forman

Brown-Forman and Pernod Ricard Terminate Discussions Regarding Potential CombinationApril 28, 2026 4:42 PM
Business Wire
Brown-Forman Focused on Creating Value for All Stakeholders by Advancing Ongoing Strategic and Operational Plans


Brown-Forman Corporation (NYSE: BFA, BFB) today announced that the company and Pernod Ricard have terminated discussions regarding a potential business combination, as the companies were unable to reach mutually agreeable terms. Brown-Forman and Pernod Ricard previously confirmed discussions on March 26 and noted there could be no assurance that any such agreement would be reached. Brown-Forman issued the following statement:


“We intend to create long-term value for all stakeholders by focusing on our strategic and operational priorities. This includes unlocking future growth by expanding our geographic footprint, continuing to build brands that resonate with consumers, and enhancing operational efficiency.”


About Brown-Forman


Brown-Forman Corporation is a global leader in the spirits industry, responsibly building exceptional beverage alcohol brands for more than 155 years. Headquartered in Louisville, Kentucky, we are guided by our founding promise, “Nothing Better in the Market.” Our premium portfolio includes the Jack Daniel’s Family of Brands, Woodford Reserve, Old Forester, New Mix, el Jimador, Herradura, The Glendronach, Glenglassaugh, Benriach, Diplomático Rum, Gin Mare, Fords Gin, Chambord, and Slane. With approximately 5,000 employees worldwide, we proudly share our passion for fine-quality spirits in more than 170 countries. Learn more at brown-forman.com and stay connected with us on LinkedIn, Instagram, and X.


Important Information on Forward-Looking Statements


This press release contains statements that are “forward-looking statements”, as defined under U.S. federal securities laws, that are subject to risks and uncertainties. Such statements involve inherent risks, assumptions and uncertainties, known or unknown, including internal or external factors that could delay, divert or change any of them, that are difficult to predict, may be beyond Brown-Forman’s control and could cause Brown-Forman’s future financial results, goals, plans, commitments, strategies and objectives to differ materially from those expressed in, or implied by, the statements. Words such as "should," "could," "would," "will," "may," "expects," "plans," "intends," "anticipates," "indicates," "remains," "believes," "estimates," "projects," "forecast," "guidance," "outlook," "goals," "targets," "pledge," "confident," "optimistic," "dedicated," "positioned," "on track", "path" and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. All statements, other than those that relate solely to historical facts, are forward-looking statements.


Additionally, forward-looking statements include conditional statements and statements that identify uncertainties or trends, discuss the possible future effects of known trends or uncertainties, or that indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed or assured. All forward-looking statements in this press release are based upon information available to Brown-Forman on the date of this press release. Brown-Forman undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, except as required by applicable law or regulation.


Brown-Forman’s actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, any risks and uncertainties set forth in the "Risk Factors" section or other sections in Brown-Forman’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as well as other risks and uncertainties set forth from time to time in the reports Brown-Forman files with the U.S. Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428797726/en/
Media Contact: Brown-Forman@FGSGlobal.com
Investor Relations Contact: Sue Perram, Vice President, Investor Relations, Sue_Perram@b-f.com


Original: Brown-Forman and Pernod Ricard Terminate Discussions Regarding Potential Combination

Brown-Forman and Pernod Ricard acknowledge discussions over possible mergerMarch 27, 2026 6:46 AM
IH Market News
U.S. whiskey producer Brown-Forman (NYSE:BF.A) and French spirits group Pernod Ricard (EU:RI) said on Thursday that they are in talks about a potential combination structured as a “merger of equals.”In separate statements, the companies confirmed earlier media reports that negotiations between the two drinks makers are underway.“If agreed to and subject to customary approvals, this partnership would be similar to a merger of equals,” the companies said in separate statements. They added that a merger would result in “significant” operational synergies.Shares of Brown-Forman gained 2.7% in after-hours trading after the announcement, following a nearly 10% rise during Thursday’s regular session.Pernod Ricard shares, by contrast, ended Thursday’s trading about 6% lower.A deal between the two companies would unite the world’s second-largest spirits producer with the leading U.S. whiskey maker, creating the largest spirits group globally.The discussions come at a time when global alcohol companies are facing slower sales growth and increasing costs. Consumer demand has softened as many people reduce alcohol consumption due to health concerns and tighter household budgets.The industry has also been affected by trade disruptions tied to U.S. tariffs on imported goods, while competition from emerging sectors — particularly cannabis — has also weighed on liquor sales.Both Pernod Ricard and Brown-Forman have recently introduced restructuring measures that include workforce reductions.Brown Forman stock price

Original: Brown-Forman and Pernod Ricard acknowledge discussions over possible merger

Bloomberg 500 (B500) Index Adds Eleven Securities Following March ReconstitutionMarch 5, 2026 8:30 AM
PR Newswire (US)

NEW YORK, March 5, 2026 /PRNewswire/ -- Bloomberg Indices announced the following changes to the Bloomberg 500 (B500) Index effective prior to the open of trading on Thursday, March 12, 2026, to coincide with the March reconstitution of the index. The B500 contains the 500 most highly capitalized US companies weighted by float market cap, reflecting a market capitalization of $58.19 trillion.







AST SpaceMobile, Inc. (ASTS UW), Bloom Energy Corporation (BE UN), Ciena Corporation (CIEN UN), Coherent Corp.S (COHR UN), EchoStar Corporation (SATS UW), Flutter Entertainment PLC (FLUT UN), FTAI Aviation Ltd. (FTAI UW), Lumentum Holdings Inc. (LITE UW), Nebius Group N.V. (NBIS UW), Royal Gold, Inc. (RGLD UW), and Sandisk Corporation of Delaware (SNDK UW) will enter the index. These equities span a variety of sectors, but Technology is most represented amongst this set.Changes to the B500 Index reflect the results of a purely rules-based index design focused on measuring markets with transparency and representativeness beyond market capitalization alone. As a result, the B500 mitigates potential biases and systematically evaluates potential members, which may lead to earlier additions of qualified companies when compared to indices using a committee-based approach.Following is the list of membership changes:Index EventSecurity TickerCompany NameBICS SectorAdditionASTS UWAST SpaceMobile IncCommunicationsAdditionBE UNBloom Energy CorpIndustrialsAdditionCIEN UNCiena CorpTechnologyAdditionCOHR UNCoherent CorpTechnologyAdditionSATS UWEchoStar CorpCommunicationsAdditionFLUT UNFlutter Entertainment PLCConsumer DiscretionaryAdditionFTAI UWFTAI Aviation LtdIndustrialsAdditionLITE UWLumentum Holdings IncTechnologyAdditionNBIS UWNebius Group NVTechnologyAdditionRGLD UWRoyal Gold IncMaterialsAdditionSNDK UWSandisk Corp/DETechnologyDeletionALGN UWAlign Technology IncHealth CareDeletionARE UNAlexandria Real Estate Equities IncReal EstateDeletionBAH UNBooz Allen Hamilton Holding CorpTechnologyDeletionBAX UNBaxter International IncHealth CareDeletionBF/A UNBrown-Forman CorpConsumer StaplesDeletionBF/B UNBrown-Forman CorpConsumer StaplesDeletionBLDR UNBuilders FirstSource IncConsumer DiscretionaryDeletionBSY UWBentley Systems IncTechnologyDeletionCLX UNClorox Co/TheConsumer StaplesDeletionFDS UNFactSet Research Systems IncFinancialsDeletionNTNX UWNutanix IncTechnologyDeletionSNAP UNSnap IncCommunicationsDeletionSOLS UWSolstice Advanced Materials IncMaterialsDeletionUDR UNUDR IncReal EstateDeletionVSNT UWVersant Media Group IncCommunicationsDeletionZBRA UWZebra Technologies CorpTechnologyThe B500 is available to Terminal clients at {B500 INDEX }. All research and methodology for the indices are available at bloombergindices.com.About Bloomberg Index Services Limited
Bloomberg's index team has a proven track record in creating industry-leading and bespoke indices across asset classes, including their flagship fixed income, commodity and equity indices. BISL takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers' products.About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo. 



View original content to download multimedia:https://www.prnewswire.com/news-releases/bloomberg-500-b500-index-adds-eleven-securities-following-march-reconstitution-302704048.htmlSOURCE Bloomberg L.P.

Original: Bloomberg 500 (B500) Index Adds Eleven Securities Following March Reconstitution

$67.3 - BF.A should just merge with BF.B and be done with it!

57.12 x 67.58. That is a big spread!

BF needs some new products. Cherry flavored Whisky is not going to set the world on fire.

Low volume, high ask, time to take some profits?

Brown is in.

Love me some BF.A, not to be confused with BOA.

Anybody watching BF.A?

BF.A all the way!

What a great company. I heard that Bacardi was considering a take over of BF.

Brown-Forman 1Q profit rises on lower costs
Brown-Forman 1st-quarter profit rises 38 percent on lower operating costs
On Wednesday September 2, 2009, 8:34 am EDT
Buzz up! 0 Print
Companies:Brown-Forman Corporation
LOUISVILLE, Ky. (AP) -- The liquor company Brown-Forman Corp. says its first-quarter profit rose 38 percent as it reduced operating expenses and raised prices.

The seller of Jack Daniels Tennessee Whiskey and Korbel Champagne said Wednesday it earned $121.4 million, or 81 cents per share, in the three months ended July 31. That compares to $88.2 million, or 58 cents per share, a year earlier.

Analysts had expected much lower earnings of 62 cents per share but typically exclude one-time items.

Brown Forman says revenue fell 7 percent to $737.9 million. That is below analysts's expectations of $753 million.

The company is reaffirming its full-year profit forecast of $2.60 to $3 per share.

Another good week for BF.A

BF.B is one of several publicly traded Liquor related stocks with boards here on iHub. Check them all out!

Post your Brown-Forman stories here.

Brown-Forman is a potential merger candidate with Bacardi, any thoughts?