In a statement released on Friday (1 March), MBWS said it was "not in a position to definitely confirm" its estimated net sales loss following its agreement with COFEPP. Under the terms of the authorisation, COFEPP has agreed to sell its Tiscaz Tequila brand, as well as the Porto Pitters Port brand owned by MBWS, however the impact of the sales "will not be significant". Governance at MBWS will also alter under the deal, with Constance Benqué, president of Lagardère Publicité; Christine Mondollot, former CEO of Virgin France; and Benoît Hérault, chairman of MBWS, stepping down from the board of directors.