Campari Extends Offer for Jamaican Rum Maker

Italy's Gruppo Campari said on Friday it had extended to Dec. 10 its bid to take over the whole of Jamaican rum maker Lascelles de Mercado & Co , a deal which will boost its presence in the growing American market. Campari, maker of the eponymous red aperitif, said in a statement that 96.3 percent of Lascelles' ordinary shares had been tendered.(Reuters)