Constellation (finally) buys Vincor – giant’s acquisition in wine

Constellation Brands (NYSE: STZ), one of the world’s largest wine producers (if not the biggest), buys Vincor (TSX: VN), a Canadian company that also belongs to the top wine producers and distributors in the world. The acquisition has been in the making since a few months back. The deal is valued at US$ 1.31 billion. prnewswire.com