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Diageo PLC (DGE.L)

DGE.L on London Stock Exchange

26 Oct 2016
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10.50p (+0.48%)
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Latest Key Developments (Source: Significant Developments)

Diageo PLC announces acquisition of remaining 50 pct interest in UNB
Thursday, 2 Apr 2015 02:00am EDT 

Diageo PLC:Entered into an agreement to acquire the remaining 50 pct interest in the company, thereby making it a wholly owned subsidiary of Diageo.Diageo will acquire this further interest from Pestello Investments Inc. for an initial payment of $22 million (about 14.8 mln pounds) and a potential earn-out payment of up to $14 million (about 9.4 mln pounds).Transaction is conditional on (among other things) consent from the South African competition authority and is expected to complete in this fiscal year.  Full Article

Diageo completes acquisition of Tequila Don Julio
Friday, 27 Feb 2015 09:30am EST 

Diageo PLC:Completed the acquisition of full global ownership and control of Tequila Don Julio following the receipt of all regulatory approvals.The acquisition strengthens Diageo's position in the growing super premium and above tequila segments globally and the important tequila market in Mexico with an already and well-positioned brand.Gaining full ownership and distribution rights for Tequila Don Julio and Tres Magueyes, alongside the 'La Primavera' distillery, inventory and agave supply.Gives Diageo the ability to make investment decisions across supply, marketing, and innovation to support the continued growth of the brand, and become more competitive in the category.  Full Article

Diageo PLC declares interim dividend
Thursday, 29 Jan 2015 02:01am EST 

Diageo PLC:Says interim dividend of 21.5 pence per share will be paid to holders of ordinary shares and ADRs on the register as of Feb. 27.Dividend will be paid to shareholders on April 07 and payment to US ADR holders will be made on April 10.  Full Article

Diageo PLC to appoint PwC as auditor
Tuesday, 11 Nov 2014 05:00am EST 

Diageo PLC:Company's external audit was recently put out to tender.This process has now concluded and the Board has selected PwC.Says appointment of PwC as auditor will take effect for Diageo's financial year ending June. 30, 2016.  Full Article

UPDATE 2-Diageo scraps plan to raise Guinness Nigeria stake in tough market

ABUJA/LONDON, Oct 5 Diageo has scrapped plans to lift its stake in Guinness Nigeria due to tough conditions in one of its biggest markets for the world-famous stout, the drinks company said on Wednesday.