date:Jan 17, 2014
inancial side and how valuable it will be, but the value will come in 10 years. We have a clear goal, he said, adding Suntory expected increased cashflow over the next decade to ease the burden of borrowing as much as $14 billion to fund the acquisition.
Without obvious cost-saving synergies, the total $16 billion purchase price - at more than 20 times Beam's earnings before interest, tax, depreciation and amortisation - is among the most expensive in the industry. Some analysts say Suntory is