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Will Jorge Paulo Lemann Buy Diageo? Shares Rocket On Rumor

2015-06-07 03:33:07| Beverages - Topix.net

Diageo plc rose more than 8 percent on a report that Jorge Paulo Lemann may make a bid for the London-based purveyor of whiskey, beer and wine. In the nine months ended March 31, Diageo posted a 0.3 percent decline in net sales with volume down 1.7 percent.

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