Diplomático rum brand. Credit: Singer via Wikimedia Commons McDermott, Gibson Dunn Advise on Sale of Legendary Venezuelan Rum Brand to Brown-Forman
The U.S. spirits company Brown-Forman bought Venezuela's Diplomático rum brand, a rare feat given that Venezuela has been a no-go zone for merger and acquisition transactions for more than a decade.
January 19, 2023 at 05:24 PM
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The original version of this story was published on Law.com International
McDermott Will & Emery and Gibson, Dunn & Crutcher have pulled off a rare feat: the completion of a deal involving the sale of a storied rum brand from Venezuela, a country that has been a no-go zone for merger and acquisition transactions for more than a decade.
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