Diageo PLC (DGE.L)
May 18 Spirits maker Diageo Plc said industry veteran Javier Ferrán, a partner at consumer-focused private equity firm Lion Capital, will succeed Franz Humer as chairman on Jan. 1.
May 18 Spirits maker Diageo Plc said SABMiller Plc director Javier Ferrán will succeed Franz Humer as chairman.
* Nick Blazquez is to leave Diageo in order to pursue new opportunities and challenges
NEW YORK Rapper Aubrey "Drake" Graham became the newest member of The Forbes Five club of hip-hop's wealthiest artists on Monday with a net worth of $60 million, according to Forbes.
** Diageo Plc may raise stake in the liquor maker to 72 pct from 54.78 pct, reports CNBC TV 18, citing unidentified sources
MUMBAI Heineken is likely to ask Vijay Mallya, who owes creditor banks more than $1 billion, to step down from the board of United Breweries, India's largest brewer, three people with direct knowledge of the plan told Reuters.
BENGALURU, India An Indian tribunal, heeding a call from a group of creditor banks, has blocked a $75 million settlement agreed between Diageo Plc and liquor baron Vijay Mallya, after he was ousted from the spirits giant's local unit last month.
* Mallya's defunct Kingfisher Airlines owes more than $1 bln (Recasts with tribunal verdict)
BENGALURU, March 7 An Indian tribunal has temporarily halted a $75 million settlement due to be paid by spirits giant Diageo Plc to liquor baron Vijay Mallya, after he resigned as chairman of Diageo unit United Spirits .
* India tribunal says former United Spirits Chairman Vijay Mallya cannot withdraw money received in Diageo settlement for now