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Smoke and Mirrors or Match Made in Heaven?

Dear Client:More reports on Diageo and Moët Hennessy surfaced over the weekend, with one article suggesting the rumored deal could be a decoy while Diageo turns its focus on something else. Apparently, Paul Walsh is quite concerned with Pernod Ricard “snapping at his heels” and would like to establish itself once again as the undeniable leader in alcohol beverage. According to an article in Scotland On Sunday, “it is no secret that he [Paul] would love to do a merger

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