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BEZ — Berentzen Gruppe AG News Story

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Berentzen shares leap on acquisition by Sazerac

BUZZ-Berentzen shares leap on acquisition by Sazerac

** German schnapps maker Berentzen BEZ.DE shares rise 22%, after US spirits maker Sazerac launched a takeover offer for the company

** Sazerac launched a takeover offer for €5.55 a share, valuing the company at around €52.1 million ($59.78 million)

** Sazerac's offer represents a 22.5% premium compared to Berentzen's share price on Friday at market close

** Berentzen's stock hit its highest level since May 2024

($1 = 0.8715 euros)


(Reporting by Tristan Veyet)

((Tristan.veyet@thomsonreuters.com))

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