Constellation Brands announced on Tuesday that it is selling its Svedka vodka brand to Sazerac for an undisclosed sum. The ...

Constellation Brands, known for its high-end, iconic imported beer brands like Corona, Modelo, and Pacifico, as well as fine ...

Constellation Brands Inc. has reached an agreement with New Orleans-based Sazerac to divest one of its brands for an ...

When Auli'i Cravalho was cast in Disney's "Moana," the teen and her mom were living on food stamps. Cravalho, who voices the ...

Shares of Corona beer-maker Constellation Brands (NYSE: STZ) were in focus Tuesday morning after the firm announced it would ...

The Centers for Disease Control and Prevention on Tuesday said the deadly E. coli outbreak linked to slivered onions served ...

Constellation Brands will sell its Svedka vodka brand to alcoholic beverage company Sazerac in the coming months.

Constellation Brands is divesting the vodka brand as part of its efforts to focus on higher end wine and spirits.

Constellation Brands has said the it plans to sell its Svedka vodka to New Orleans-based drinks group Sazerac.

The Victor, N.Y., company behind brands including Corona beers, Robert Mondavi wines and Casa Noble tequila said the transaction with privately held Sazerac is expected to close in the coming months.

Constellation Brands ( (STZ) ) has issued an update.

The deal marks another disposal by Constellation, which says it is aiming to focus on “higher-end wine and spirits brands”.