Diageo Stock News

ABEV vs. DEO: Which Stock Is the Better Value Option?

Diageo PLC (LSE:DGE) said it launched and priced US$2.9bln in euro- and sterling dominated bonds to fund what the drinks giant called "general corporate purposes". The maker of Guinness and Smirnoff

“Sin stocks” in the tobacco, alcohol, and gambling industries have historically outperformed the market on a total return basis.

How to cope with the uncertainties arising from inflation, the Ukraine war, possible stagflation or even recession will have taxed many investors' minds recently. Credit Suisse asked its analysts just

ABEV vs. DEO: Which Stock Is the Better Value Option?

Diageo PLC (LON:DGE) is a stock to watch. The alcoholic beverages company is one of a few companies that would be able to withstand economic downturns.

Diageo (DEO) witnesses recovery in the on-trade channel, strong consumer demand in off-trade and market share gains, which are likely to help it retain momentum.

Diageo India will hold 22.5 per cent of the equity share capital on a fully diluted basis

Diageo-controlled United Spirits Ltd (USL) on Saturday said it will acquire a minorirty 22.5 per cent stake in Nao Spirits for Rs 31.5 crore. Diageo India will also have a call option to acquire the remaining shares on "pre-agreed principles" in Nao Spirits & Beverages Private Ltd, a joint statement said. Launched in 2016 by Anand Virmani, Nao Spirits is an emerging craft gin company in India, with brands ''Greater Than'' and ''Hapusa''. "Nao Spirits provides Diageo India with an opportunity to strengthen its participation in the fast-growing premium gin segment in India," it said. Diageo India MD and CEO Hina Nagarajan said, "As a company built from founder-led brands, we are excited to make our first move in India to support bold and path-breaking entrepreneurs. Over the last three years, the Indian market has witnessed the emergence of multiple craft gin players and Nao Spirits has been a game changer in the category." While Nao Spirits & Beverages Co-Founder CEO Virmani said,

The spirits giant operated three UK sites without permits for six years The post Diageo fined US$1.5m for lack of pollution permits appeared first on Just Drinks .

Drinks giant Diageo has been fined £1.2 million for failing to accurately report climate pollution, the Scottish Environment Protection Agency (SEPA) has said. The post Diageo fined £1.2 million for breaching climate regulations appeared first on The Drinks Business .

The Canadian facility is roughly 400 miles from Diageo''s new RTD canning factory in Illinois The post Diageo bets on Crown Royal with Canadian distillery build appeared first on Just Drinks .

ST. CLAIR, Ontario--(BUSINESS WIRE)---- $DEO--Global beverage alcohol leader Diageo announced plans today for a new CAD$245 million distillery to support momentum and growth ambitions for its Crown Royal Canadian Whisky brand. The facility, with capacity to produce up to 20 million LAA’s (litres of absolute alcohol, the equivalent to 10.5 million proof gallons) annually, will sit on approximately 400 acres in Ontario’s St. Clair Township, and includes a distillery, as well as blending and warehousing op

International beverage company Diageo announced plans today for a $245 million carbon neutral distillery in Ontario to support the growth ambitions for its Crown Royal Canadian whisky brand.