Asahi accuses Independent Liquor of ‘channel stuffing’
Asahi claims that Pacific Equity Partners (PEP) and Unitas Capital resorted to “channel stuffing” – where companies supply retailers with more product than they are capable of selling to boost sales figures – to artificially inflate Independent Liquor’s earnings.
The allegations were made in the Japanese beverage giant's Australian court filing which seeks unspecified damages from the private equity firms for misleading and deceptive conduct. PEP and Unitas sold...
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