Diageo Is Said to Weigh Ciroc Vodka Sale After Diddy Tie-Up Ends [Yahoo! Finance]
Diageo plc (DEO)
US:NYSE Investor Relations:
diageo.com/en/investors
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Source: Yahoo! Finance
Most Read from Bloomberg NYPD Car Chases Are Becoming More Frequent — and More Dangerous Dakar's Air Quality Plummets as Saharan Dust Descends on Senegal The company has reached out to potential suitors including beverage companies and buyout firms to gauge their interest, the people said, asking not to be identified because discussions are private. Considerations are early stage and may not lead to a transaction. Diageo is studying a sale of Cîroc following the settlement in January of a lawsuit with Combs where he accused the spirits company of racism in its alleged neglect of Cîroc Vodka and another liquor brand called DeLeón Tequila. He later withdrew his allegations and business relations were ended. The music mogul has been accused of sexual abuse several times over the years. In September, he was arrested by federal agents in New York on charges of racketeering and sex trafficking. A representative for Diageo declined to comment. The company has previously said tha
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- 12/2/24 - Form 6-K
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- DEO's page on the SEC website