Diageo

Diageo Completes Acquisition Of Casamigos Tequila

Drinks company Diageo has announced that it has completed its acquisition of George Clooney's tequila brand, Casamigos. The company, which already featu...

Diageo CEO's Pay Cut By £1.1 Million As Performance Lags

Diageo Plc cut the pay of its two top executives after the distiller missed performance targets, joining other U.K. companies in reining in management awar...

Diageo Appoints New Non-Executive Director

Drinks giant Diageo has announced the appointment of Ursula Burns as a non-executive director, effective 2 April 2018. The company also announced that B...

Diageo Sees Operating Profit Increase In First Half

Drinks giant Diageo has posted a 15% increase in reported net sales in the first half of its financial year, of £12.05 billion. Organic sales growth...

Clooney's $1 Billion Tequila Windfall Shows Power Of Celebrity

From the George Foreman grill to George Clooney’s tequila, celebrity sells. Rarely has a sale been as lucrative as the $1 billion the actor and tw...

George Clooney, Partners Sell Tequila To Diageo For $1 Billion

Diageo Plc has agreed to acquire fast-growing U.S. tequila brand Casamigos, paying as much as $1 billion for a business co-founded four years ago by the ac...

European Beverage Firms Set To See Profit Growth Over Next 18 Months: Moody's

Despite a number of macroeconomic challenges, European beverage companies, both alcoholic and non-alcoholic, are likely to see profit growth over the next...

Diageo Posts 28% Increase In Operating Profits In Six Months To End December

Drinks giant Diageo has posted a 28% increase in reported operating profit (£2.07 billion) in the six months to 31 December, according to an interim...