Samod Biobaku
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American music star, Jay Z has reportedly acquired the Sovereign Brands; a New York-based wine and spirits company owned by the Besrish family and said to be worth between $25 million and $30 million.
According to a statement, Sovereign Brands made it's position when it said:
“We are proud to announce that Sovereign Brands, a New York-based wine and spirits company owned by the Berish family, has sold its interest in the Armand de Brignac (‘Ace of Spades’) Champagne brand to a new company led by the globally-renowned Shawn ‘Jay Z’ Carter.”
Source:Business Insider
#JayZ
According to a statement, Sovereign Brands made it's position when it said:
“We are proud to announce that Sovereign Brands, a New York-based wine and spirits company owned by the Berish family, has sold its interest in the Armand de Brignac (‘Ace of Spades’) Champagne brand to a new company led by the globally-renowned Shawn ‘Jay Z’ Carter.”
Source:Business Insider
#JayZ
