Pernod completes sale of wine portfolio to Accolade Wines owner

LONDON (Reuters) - Pernod Ricard has completed the sale of its international wine portfolio, including brands like Jacob's Creek, to Accolade Wines owner Australian Wine Holdco, it said on Wednesday.

The transaction will result in the creation of a new global wine company called Vinarchy, it said. It did not disclose a price for the sale.

(Reporting by Emma Rumney; Editing by Jan Harvey)