Diageo PLC (DGE.L)
|Market Cap (Mil.):||£47,710.10|
|Shares Outstanding (Mil.):||2,511.06|
FRANKFURT - Jens Weidmann presents a "kinder, gentler" Bundesbank as he opens up to the possibility of asset purchases to head off deflation, but underpinning his position is a firm logic based on both principles and pragmatism. (ECB-BUNDESBANK/WEIDMANN (INSIGHT), expect by 1200 GMT/8 AM ET, by Paul Carrel, 1,300 words)
* FTSEurofirst 300 falls 0.2 pct, Euro STOXX 50 down 0.3 pct
(Adds details, CEO quote, outlook, detail on Remy Cointreau)
LONDON, April 17 - Diageo reported a 1.3 percent decline in third-quarter organic net sales on Thursday, hurt by weakness in China and political instability in Thailand.
(The following statement was released by the rating agency) LONDON, April 15 (Fitch) Fitch Ratings has affirmed Diageo plc's (Diageo) Long-Term Issuer Default Rating (IDR) and senior unsecured rating at 'A-' and Short-Term IDR at 'F2'. The Outlook on the Long-term IDR is Stable. Diageo's subsidiaries, Diageo Finance BV, Diageo Finance plc, Diageo Capital plc and Diageo Investment Corporation's senior unsecured ratings have also been affirmed at 'A-'/'F2'. The affirmation reflects Diageo's
MUMBAI/LONDON - Diageo, the world's biggest spirits maker, has launched a $1.9 billion bid to nearly double its stake in United Spirits Ltd, offering a rich price in the hope that India's increasingly wealthy consumers will drink more alcohol.
* Diageo offers to buy up to 26 pct more of United Spirits
MUMBAI - London-based Diageo Plc on Tuesday relaunched a bid to increase its stake in India's United Spirits Ltd , making a $1.9 billion bet on rising incomes in a country where consumption of alcohol remains relatively low.
MUMBAI - Shares in United Spirits gained more than 10 percent on Tuesday after Diageo Plc announced a tender offer to acquire up to an additional 26 percent stake in the Indian firm.
MUMBAI, April 15 - Global drinks firm Diageo Plc on Tuesday announced the launch of a tender offer to acquire up to 26 percent more in India's United Spirits Ltd in a deal valued at about $1.9 billion.