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Brown-Forman board says unsolicited Sazerac takeover proposal not actionable

Brown-Forman board says unsolicited Sazerac takeover proposal not actionable

- Brown-Forman BFb.N said on Sunday that its board had received an unsolicited acquisition proposal from Sazerac and concluded that the proposal was "not actionable."

The company did not disclose the amount offered by the U.S. spirits maker Sazerec.


(Reporting by Abu Sultan in Bengaluru; Editing by Nia Williams)

((Abu.Sultan@thomsonreuters.com;))

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