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Diageo, Pernod Ricard and ABD to clash as IMFL goes premium - exec

2015-11-09 16:01:00| Daily beverage news and comment - from just-drinks.com

The Indian Made Foreign Liquor (IMFL) category is headed for a three-way fight between Diageo's United Spirits, Pernod Ricard and Allied Blenders & Distillers (ABD), an executive from one of the companies has said.

Tags: premium exec clash abd

 

Diageo plc Upgraded at Zacks

2015-11-08 12:44:10| Beverages - Topix.net

According to Zacks, "Diageo's fiscal 2015 earnings declined 7.6% year over year due to unfavorable foreign currency exchange and lower income from joint ventures and acquisitions. Net sales were flat year over year as sales gains in Africa and Corporate were offset by decline in Latin America and Caribbean, Europe and Asia Pacific.

Tags: plc upgraded zacks diageo

 
 

Diageo sells Argentina wine brands to Grupo Penaflor

2015-11-06 16:57:44| Beverages - Topix.net

Drinks giant Diageo has now offloaded the majority of its wine interests with the sale of its Argentinian business to the country's largest producer, Grupo PeA aflor. PeA aflor will add the Navarro Correas and San Telmo wine brands, as well as their production sites and vineyards, to a portfolio that already includes Finca Las Moras , Trapiche and Bodegas Santa Ana .

Tags: brands argentina grupo wine

 

Diageo continues asset strip with Argentinian wine sale

2015-11-05 15:27:00| Daily beverage news and comment - from just-drinks.com

Diageo has agreed to sell its Argentinian wine brands as it continues to offload wine assets and strip down operations.

Tags: sale continues wine asset

 

US approves Treasury Wine Estates' Diageo wine acquisition

2015-11-04 10:29:00| Daily beverage news and comment - from just-drinks.com

The US anti-trust regulator has given Treasury Wine Estates the green light to acquire Diageo's wine business. 

Tags: wine acquisition treasury estates

 

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