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Diageo
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Diageo reports 15.4% decline in US spirits sales during third quarter
Tequila sales in the US dropped by double digits amid softer demand and increased competition
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Diageo opens US$415M Montgomery facility to boost North America
Diageo launches a $415 million facility in Alabama, enhancing supply chain efficiency, sustainability, and job creation while strengthening its North America manufacturing and distribution network.
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High Court clears Diageo’s EABL stake sale to Asahi, dismisses Bia Tosha bid
Kenya’s High Court dismisses Bia Tosha’s bid to block Diageo’s EABL stake sale to Asahi, clearing the way for one of the country’s largest transactions.
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Diageo appoints John O’Keeffe as North America CEO
Diageo names John O’Keeffe as North America CEO as the company seeks to revive sales and strengthen its position in its largest market.
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Diageo-Asahi deal faces pressure as minority shareholder seeks mandatory buyout for EABL investors
A Kenyan minority shareholder is pushing regulators to compel Asahi to offer equal buyout terms to all EABL investors amid mounting legal challenges to the Diageo deal.