Diageo

Diageo And Budweiser To End Partnership In Ireland

Diageo Ireland and Budweiser Brewing Group UK&I have decided to end their partnership after their contract expires on 30 June 2020. The spirits...

Diageo Increases Stake In United Spirits Limited To 55.9%

Spirits giant Diageo has increased its shareholding in India's United Spirits Limited (USL) by approximately 0.70% to 55.9%. Diageo purchased 5,075,000...

Diageo Warns Coronavirus Could Dent 2020 Profit By $260m

Diageo, the world's biggest spirits company, has said that the spread of coronavirus in greater China and the Asia Pacific region could knock up to $260 mi...

Diageo To Pay $5m To Settle SEC Charges It Concealed Liquor Overshipments

Diageo Plc agreed to pay a $5 million (€4.63 million) civil fine to settle US Securities and Exchange Commission charges that the global liquor compan...

Diageo Opens New North American Headquarters In New York

Drinks giant Diageo has announced the opening of its newly-relocated North American headquarters in Lower Manhattan, New York. In 2019, the company...

Major FMCG Brands Readying For Coronavirus Impact: Analysis

With the latest figures indicating that around 60,000 people have now been infected with the coronavirus, the majority in China, major FMCG brands are maki...

Diageo Appoints Former Rémy Cointreau CEO As Non-Exec Director

Drinks giant Diageo has announced the appointment of Valérie Chapoulaud-Floquet as a non-executive director, effective from 1 January 2021. On ap...

Coronavirus Likely To Impact Alcoholic Drinks Firms' Profits: Moody's

Rémy Cointreau, Pernod Ricard and Diageo are among the companies that could see a profit hit in the coming months from the Coronavirus outbreak, whi...