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Business

Guinness Owner, Diageo Secures €1.9bn In Euro Bonds For Corporate Financing

Diageo, a leading British multinational beverage company, has successfully issued long-term euro-denominated debt totaling €1.9bn. The proceeds from this issuance will be utilized for...

Business

Diageo Exits Nigeria After 60 Years, Sells Majority Shares In Guinness To Tolaram

Diagoe Plc has agreed to sell 58.02 per cent of its shares in Guinness Nigeria to Tolaram.Guinness disclosed this in a regulatory filing on...

Business

Guinness Nigeria To Lose Over N14bn As Owner Of Johnnie Walker, Baileys Terminates Distribution Contract

Guinness Nigeria Plc’s revenue will shed more than N14bn which is about 6 per cent of it’s revenue as Diageo Plc has terminated the...

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