FILE - In this Feb. 10, 2020 file photo, Moet Hennessy President and CEO Philippe Schaus speaks during a news conference at the wine fair in Paris. Moet Hennessy is acquiring a 50% stake in rapper and entrepreneur Jay-Z’s Champagne brand, Armand de Brignac, in an effort to up its cool factor and expand sales. Schaus said Armand de Brignac breaks barriers and reflects contemporary ideas of luxury. (AP Photo/Michel Euler, File)
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