Diageo (DEO) acquires Ryan Reynolds-led Davos Brands in a bid to ramp up its super-premium gin product category, which has been lately gaining traction.

PRESS DIGEST-British Business - Aug. 18

12:32am, Tuesday, 18'th Aug 2020

Ryan Reynolds-backed gin bought in $610m deal

07:02pm, Monday, 17'th Aug 2020
Aviation American gin, in which the Hollywood actor holds a major stake, has been sold to Diageo.
The world's largest liquor maker, Diageo (NYSE: DEO), said it is buying Aviation American Gin through an acquisition of Aviation Gin and Davos Brands. Aviation American Gin is majority owned by Davos
Diageo will pay up to $610 million for Aviation Gin and Davos Brands. Actor Ryan Reynolds will stay on as a co-owner.
Diageo PLC said Monday that it has acquired Davos Brands LLC, the parent company to Aviation American Gin, for a total consideration of $610 million. “Deadpool” actor Ryan Reynolds is one of the
Walmart's e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian cities, according to government letters seen by Reuters, months aft
The difference between Brown-Forman's A and B class shares is reaching its widest point in years. The A shares are superior to the B shares in every way except liquidity.

Tracking Tweedy Browne Portfolio - Q2 2020 Update

11:03pm, Wednesday, 12'th Aug 2020
Tweedy Browne’s 13F portfolio value increased from $2.15B to $2.51B this quarter. The largest five individual stock positions are Alphabet, Berkshire Hathaway, Johnson & Johnson, Cisco Systems, and
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filin
While this may not be the launch moment we planned for, when a partnership nearly two centuries in the making comes together, it's a reminder that history's best teams are built over time. Guinness is
Similar to Warren Buffett's economic moat, the British asset manage's thesis continues to consistently outperform Continue reading...
Diageo plc (LON:DGE) stock is about to trade ex-dividend in three days. If you purchase the stock on or after the 13th...
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