Diageo News

BTG Pactual Participations Ltd 's acquisition of Leader Participacoes SA, Brazil's fourth consumer-related deal in a week, represents a bet that record low unemployment and rising incomes will reignite the economy .

Europe's liquor giants are increasingly plowing cash into social media to promote their brands and gather valuable data on drinkers.

Diageo plc announced its plans to buy cachaca brand, Ypioca, and certain production assets from Ypioca Agroindustrial Limitada for BRL900 million in cash, or about GBP300M.

CachaA a, Brazil's most popular spirits category, offers scope for further premiumisation but the opportunity is "relatively small", according to an analyst.

Several opinion polls published this weekend showed that pro-bailout party New Democracy as the favourite to win the elections in Greece on June 17th.

Drinks giant Diageo is set to buy Ypioca, one of Brazil's largest cachaca brands in Brazil, the company announced on Monday.

The Scotch Whisky Association has told just-drinks it "expects" a legal challenge to be launched against Scotland's plans for minimum pricing, but would not be drawn on whether the trade body itself will launch action.

Diageo has announced two multi-million investments to promote 'scaleable' barley and sorghum farming ventures in Ethiopia and Tanzania respectively and cut reliance on unpredictable imports.

British drinks group Diageo is weeks away from buying a minority stake in the owner of the world's no.

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Diageo has 'apologised unreservedly' after Scottish independent BrewDog accused it of 'overbearing and blackmailing behaviour' in leaning on a judging panel to prevent its smaller rival from winning an award.

Ghana's crack investigative journalist, Anas Aremeyaw Anas, has been nominated for the Best Environment Feature award category of the 2012 Diageo Africa Business Reporting Awards.

Global drinks giant Diageo, custodian of iconic brands such as Johnny Walker, Smirnoff, Jose Cuervo, Guinness and Moet & Chandon found itself at the centre of a public relations storm this week after it was alleged that they unfairly intervened at an annual drink industry awards event to prevent a rival from picking up an award.

Focus - China in the Hands for Drinks Firms? So, how big is the opportunity for foreign drinks firms in China? And, are people getting a bit too over-excited by the lure of the East? UK: New Matthew Clark arm to take on Gruppo Campari distribution Gruppo Campari is set transfer its UK distribution to Matthew Clark, according to current distributor ... (more)

Producers of alcoholic beverages - brewers in particular - stand to benefit from the growing consumer market in Africa as more people on the continent move out of poverty, says Moody's Investors Service in a new report published on Wednesday.

The rise of the middle class and the increase of wealth in private hands in Africa signal great opportunities for growth for the continent and investors.

Diageo has reported a "strong" trading performance in its fiscal third quarter, but remains "cautious" over prospects for Western Europe.

Diageo PLC Thursday said it is performing strongly, even as the drinks giant posted slowing third-quarter sales growth, driven by demand in emerging markets.

Diageo Plc is expanding into fast-growing emerging markets with a cautious view on the consumer and economic trends in 2012, but the first half results of 2012 have positioned it well and demonstrated that group has brands, the routes to market and the people to deliver its medium-term guidance.