French “Pernod Ricard” buys the Swedish state company “Vin&Spirits’, owner of “Absolut” vodka brand. Purchase of the “Absolut” means termination of contract with “SPI Group” for distribution of “Stolychnaya” vodka beyond the Russian borders and termination of negotiations about buying out of the rights for “Stolychnaya” brand from “SPI”.
“Pernod Ricard” refused to buy out from “SPI Group” the rights for “Stolychnaya” brand