Date: 18th September 2000

New Possible Buyer For Seagram's Booze Units

Sweden's V&S Vin & Sprit, owner of Absolut vodka, and Britain's Allied Domecq are planning to make a joint bid to buy Seagram's wine and spirits unit from Vivendi, the French conglomerate that is buying all of the company but has said it only wants to retain the entertainment properties, the London Sunday Telegraph reported.

Source: Studio Briefing