Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Wright Reports
$75.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00
Provider: S&P Capital IQ – STARS Reports
$127.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Diageo PLC Buys Remaining Stake In SJF Holdco-Reuters


Tuesday, 23 Jul 2013 02:24am EDT 

Reuters reported that Diageo PLC said it had received approval from Chinese authorities to become the sole shareholder in Sichuan Chengdu Shuijingfang Group Company (SJF Holdco), the owner of white spirits company ShuiJingFang. Diageo said it would acquire the remaining 47% stake in SJF Holdco owned by its Chinese partners for GBP233 million. As a result, SJF HoldCo will be converted from a joint venture into a wholly foreign owned enterprise owned by Diageo. On completion, Diageo's indirect interest in Shanghai-listed Shuijingfang, one of the producers of China's 'Bai Jiu' spirit, will rise to 39.71% from 21.05%, it said. 

Company Quote

1804.0
-1.5 -0.08%
4:15am EDT