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Diageo PLC (DGE.L)

DGE.L on London Stock Exchange

2,436.50GBp
25 Sep 2017
Change (% chg)

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2,436.50
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4,261,440
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2,616.00
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1,946.00

Latest Key Developments (Source: Significant Developments)

Guinness Nigeria says Diageo Plc will not proceed with offer
Wednesday, 5 Oct 2016 12:50am EDT 

Guinness Nigeria Plc : Says the Co has taken decision not to proceed with Diageo Plc's offer . Says Diago Plc's intended to make offer through Guinness Overseas Ltd for up to 15.7% of share capital of the Co Source : http://bit.ly/2dQ8jyJ Further company coverage: [GUINNES.LG] (Bangalore.newsroom@thomsonreuters.com).  Full Article

Diageo CFO says too early to comment on business impact of Brexit
Thursday, 28 Jul 2016 02:41am EDT 

: Diageo CFO says it's important for company that UK continues to benefit from open access to EU . Diageo CFO says too early to say if Brexit has impacted business or consumer demand for alcoholic drinks .Diageo CFO says no news regarding relationship w/ former chairman of United Spirits, Vijay Mallya.  Full Article

Diageo we are confident of achieving our objective of mid-single digit top line growth, and in three years ending f19 delivering 100bps of organic operating margin improvement."
Thursday, 28 Jul 2016 02:08am EDT 

Exceptional eps increased 1% to 89.4 pence : Board recommended a final dividend increase of 5% bringing full year dividend to 59.2 pence per share . We are confident of achieving our objective of mid-single digit top line growth, and in three years ending f19 delivering 100bps of organic operating margin improvement." . Fy underlying eps rose 1 percent to 89.4 pence . Total dividend 59.2 penceper share . Fy organic results improved with volume growth of 1.3%, net sales growth of 2.8%, and operating profit growth of 3.5% . Reported net sales declined 3.0% .Fy basic eps fell 6 percent to 89.5 pence.  Full Article

Diageo says Javier Ferrán will be appointed chairman designate
Wednesday, 18 May 2016 09:00am EDT 

Diageo Plc : Javier Ferrán will be appointed chairman designate .Javier Ferrán will be appointed to Diageo board as a non-executive director from 22 July 2016 and will be appointed chairman on 1 January 2017.  Full Article

Diageo PLC - Nigeria fines Guinness $5 mln over expired raw materials - Reuters
Thursday, 12 Nov 2015 01:58am EST 

Diageo PLC:Nigeria's Guinness said on Thursday it had been fined 1 billion naira ($5 million) by the local food and drug agency over alleged infractions relating to the destruction and re-validation of expired raw materials without prior approval - RTRS.The local unit of Diageo said it did not fully understand the basis for the fine, nor the particular regulations infringed, but was in talks with the National Agency for Food and Drug Administration and Control (NAFDAC) to resolve the matter - RTRS.  Full Article

Diageo PLC Sells C&E wine brands and Percy Fox to TWE
Tuesday, 13 Oct 2015 08:00pm EDT 

Diageo PLC:Says has agreed the sale of its major wine interests in an agreement with Treasury Wine Estates relating to the US based Chateau and Estate Wines and the UK based Percy Fox businesses for a consideration of $552 million.The net proceeds of approximately £320 million, after tax and transaction costs will be used to repay borrowings.The transaction, which is subject to regulatory approval, is expected to complete around the end of the calendar year.  Full Article

Fitch Affirms Brown-Forman's Ratings at 'A'; Outlook Revised to Stable from Negative

(The following statement was released by the rating agency) NEW YORK, September 20 (Fitch) Fitch Ratings has affirmed Brown-Forman Corporation's (Brown-Forman) ratings including the Long-Term Issuer Default Rating (IDR) at 'A' and Short-Term IDR at 'F1'. The Rating Outlook has been revised to Stable from Negative. A full list of ratings follows at the end of this release. Brown-Forman's affirmation and Outlook revision to Stable reflects an improving financial profile due to expectations for dec