date:Sep 09, 2014
Pierre Pringuet, the deputy chairman and joint chief executive of Pernod Ricard, has piqued the attention of the drinks industry by declaring that the French firm might spend a few billion euros if a potentially profitable acquisition came into sight.
Speaking in London, Pringuet stated:
Our net debt ratio is 3.6. We have confirmed on several occasions that we want to retain our investment grade rating in the US. We could go above four times net debt to Editda and possibly for a short time abo