Suntory takes $16 billion swig of Beam

Japanese outbound M&A off to a heady start as Suntory buys Beam for $16 billion, placing Morgan Stanley at the top of league tables.

Suntory, the Japanese beverage group, has bought US whisky maker Beam for $16 billion, catapulting the company into the US market in the second largest liquor M&A deal on record.

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