Diageo Agrees to Acquire a Small Group of Wineries
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Diageo, the world&#39;s largest maker of alcoholic beverages, has agreed to acquire the Chalone Wine Group, a group of small, high-end wineries that is based in California and has properties there, in Washington State and France.
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Diageo, the world&#39;s biggest spirits company, has agreed to buy Chalone Wine, a Californian winemaker, for $260m (Â£134m) including debt.
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Diageo Plc, the world's biggest   alcoholic drinks group, reported a 10 percent rise in   underlying earnings on Thursday but its shares fell on dashed   hopes that the group might raise current year targets.
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The Milwaukee Brewers have agreed to accept an offer from Los Angeles investor Mark L. Attanasio to buy the team from the family of baseball commissioner Bud Selig.
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IPE.com 5/Oct/04: UK - Drinks firm Diageo has transferred four million shares in US cereal maker General Mills to its UK pension plan to help cut the schemeâs 750 million-pound (1.
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he Mondavi family, who just a year ago gave up control of the corporation that bears its name, could be a long-shot bidder for its most famous winery.
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The small pharmaceutical firm signs another big deal.
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Diageo, the world's biggest maker of alcoholic drinks, has said that net profit fell 23 percent to 895 million pounds (1.339 billion euros, 1.760 billion dollars) in the first six months of its financial year.
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An advertising agency for a California winery recently bought space in a magazine where few (if any) ads have gone before.
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When winemaker Michael Mondavi resigns  from Robert Mondavi Corp. at the end of the month, he can take  with him an unusually palatable severance payment -- up to 50  cases of the company's wine.
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A partnership deal has investors in the small specialty pharma excited.
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Diageo, the world's biggest maker of alcoholic drinks, has said that its net profit surged by 42 percent to 1.908 billion pounds (2.831 billion euros, 3.639 billion dollars) during its financial year, boosted by strong sales in the United States.
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Diageo, the worldâs largest spirits company, said on Monday that it had bought the Chalone Wine Company for $260m including debt.
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1-800-Flowers.com's move into wine seems to have real promise.
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LONDON  - Diageo PLC, the beverage company behind Guinness beer and Smirnoff vodka, said its earnings surged in its latest fiscal year from a year earlier when it sold the Burger King restaurant business at a heavy loss.
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The Robert Mondavi Corp. is being acquired by alcoholic beverage giant Constellation Brands Inc. in a $1.03 billion cash deal, the companies said Wednesday.
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Diageo is looking to sell part of its stake in General Mills Inc. The drinks giant announced yesterday (4 October) that it plans to sell around 33.