06:12 AM EDT, 10/23/2026 (MT Newswires) -- US-based spirits company Sazerac started the acceptance period of its takeover offer for German beverage company Berentzen-Gruppe (BEZ.F) on Friday following approval by the German Federal Financial Supervisory Authority. Sazerac is offering 5.55 euros per share in cash for Berentzen shares it does not already own. The acceptance period under the offer will run through Nov. 20. The offer is subject to the acceptance of shareholders representing at least 50% of Berentzen's share capital. Upon completion, which is expected by the end of 2026, Sazerac intends to delist the target company from the Frankfurt stock exchange.

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