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Patrón Tequila to be acquired by Bacardi

January 2018

Jones Day is advising Patrón Spirits International AG ("Patrón") in connection with the acquisition by Bacardi Limited ("Bacardi") of all of the issued and outstanding shares of Patrón not currently owned by Bacardi from John Paul DeJoria, its current majority shareholder, and members of Patrón management. The transaction values Patrón at $5.1 billion and is anticipated to close during the first half of 2018.

For additional information about this matter, please contact: Robert A. Profusek, Randi C. Lesnick

Client(s): Patrón Spirits International AG