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Mar 22, 2022 · Why did Warren Buffett sell his shares in Guinness maker Diageo back in the 1990s? Our writer examines his possible motives.
The first record of the Haig family — the oldest family of Scotch whisky distillers. Arthur Guinness signs a 9,000-year lease on a disused property at St. James’s Gate, Dublin, and starts to brew ale. John Walker opens a grocery business in Kilmarnock, Scotland, and starts blending whiskies — with great success.
Oct 26, 2011 · The story: After a series of mergers, demergers and acquisitions, the management of Diageo, the conglomerate formed by the 1997 merger of Guinness and Grand Met, made a strategic decision to...
Diageo was formed in 1997 from the merger of Guinness plc and Grand Metropolitan. Its creation was driven by the executives Anthony Greener and Philip Yea at Guinness, [7] along with George Bull and John McGrath of Grand Metropolitan. [8] Anthony Greener was the first executive chairman. [9]
Apr 18, 2016 · The company we know now as Diageo, the biggest producer of Scotch whisky on the planet, has its roots in one of the most high-profile – and notorious – corporate takeovers in UK history. Charles MacLean tells the compelling story of a deal sealed exactly 30 years ago.
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Jul 11, 2024 · When did Diageo take over Guinness? In 1997, Guinness merged with Grand Metropolitan to create Diageo. Shares in Diageo went public in December 1997 creating one of the largest alcoholic drinks...
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Aug 3, 2023 · ‘Guinness Nitrosurge’, a first-of-its-kind device that allows Guinness fans to enjoy the two-part pour at home, was rolled out in Great Britain in fiscal 23, premiumising the Guinness experience in new spaces.
