Dear Client: Today's bev alc industry M&A landscape is changing. In a recent Rabobank report, senior analyst Jim Watson delved into the near to medium-term environment and what factors are tugging at both buyers' and sellers' chains, including things like lower valuations and more risk-averse decision-making. A CHANGING DEAL ENVIRONMENT. Despite the fast pace of deals in recent years, Rabobank has reason to believe that the deal-making landscape will slow down and valuations are also going to fall. For one,
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