A slow-burning shortage of bourbon and other whiskies has led to rising prices and empty shelves
News & Analysis: Beam Suntory Inc.
Whiskey, especially the high-end stuff, might never have been more popular. This has been great for distillers like Brown-Forman and Beam. But if they can't keep up with demand, is a whiskey shortage on the way?
With a resurgence in global whiskey sales, Japanese whiskey sales have soared, with Suntory brands like Hibiki and Yamakazi winning critical acclaim among some of the toughest to please critics. But is the current resurgence a sign of a healthy industry in the future, or just a fad?
Some American bourbon drinkers are angry about the sale of Beam to a Japanese company. If these drinkers follow through on their pledge to abandon Beam's brands, this could be an opportunity for Brown-Forman in the years to come.
What can one Japanese company learn from another about buying and selling American bourbon?
Good mornin', good lookin'. Here are the four things you should know on Jan. 15.
Shares of the whisky-maker catapulted on a buyout agreement with Suntory.
The S&P sufferers its worst one-day performance in weeks as Alnylam Pharmaceuticals, Beam, and NII Holdings all gallop higher by at least 24%!
Finally, someone steps forward to make an offer.
Constellation Brands, Diageo, and Beam all offer potential for investors, but in different ways.