Suntory Holdings' proposed $16 billion buyout of the firm behind Jim Beam bourbon would mark its biggest foreign trophy yet, but analysts warn it will burden the Japanese drinks giant with heavy debt -- and may stoke a bidding war.
New York -
Japan's Suntory Holdings will buy the US maker of Jim Beam bourbon for $16 billion in a transaction that includes debt, creating the spirit sector's third-largest player, a joint statement said Monday.Suntory is offering $83.
One of the world's few particle accelerators, the synchrotron at Canadian Light Source in Saskatoon creates incredibly strong beams of light to help researchers with medical and environmental science experiments.
When the 1,776 foot-high Freedom Tower rises over the former site of the World Trade Center, it will be inscribed with the signatures of first responders and relatives of those who deid on Sept.11, 2001