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Diageo, the British beverage giant behind popular alcoholic brands such as Guinness and Johnnie Walker, has become the latest multinational company to announce the sale of its Nigerian subsidiary. Diageo will sell its 58.02 percent stake in Guinness Nigeria to Singapore-based Tolaram for N81.6 (U.S.$0.05) or about U.S. $70 million. The… ....
Diageo plc's (NYSE: DEO) focus on improving productivity coupled with its diversified footprint, a solid portfolio of brands, innovation and marketing investments, and pricing initiatives, appear encouraging. ....
Tolaram to Acquire Diageo's 58.02% Shareholding in Guinness Nigeria – THISDAYLIVE thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
Inflation, harsh economic climate force Guinness' exit from Nigeria after 74 years pointblanknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pointblanknews.com Daily Mail and Mail on Sunday newspapers.