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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Diageo Plc | LSE:DGE | London | Ordinary Share | GB0002374006 | ORD 28 101/108P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 0.02% | 2,729.00 | 2,727.50 | 2,728.50 | 2,775.50 | 2,727.50 | 2,743.50 | 2,429,950 | 16:35:13 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Wine & Alcoholic Bev-whsl | 23.52B | 3.73B | 1.6715 | 16.32 | 60.95B |
RNS Number:4497F Diageo PLC 19 November 2004 19 November 2004 DIAGEO ANNOUNCES AGREEMENT TO ACQUIRE URSUS VODKA HOLDING N.V. Diageo plc today announces that it has reached an agreement to acquire Ursus Vodka Holding N.V., the owner of the Ursus vodka and Ursus Roter brands. The agreement is conditional on anti-trust clearances including clearance in Greece, the largest volume market for the Ursus vodka and Ursus Roter brands. Diageo's total cash investment will be approximately Euro145 million in respect of the acquisition of the brands and the termination of certain existing production and distribution agreements related to the acquired brands. The acquisition is expected to deliver a return in excess of Diageo's weighted average cost of capital of 9% for investment projects in the first full year of ownership. Commenting on the acquisition, Andrew Morgan President Diageo Europe said, 'The acquisition of the Ursus vodka and Ursus Roter brands adds in excess of 400k cases to our business in Europe and we expect it to enhance the growth profile of Diageo's business in Greece. Additionally, Ursus Roter as a mid proof flavoured spirit offers opportunities for growth in the rest of Europe.' -ENDS- Investor queries Michael Mulhall +44 (0) 207 927 4471 Kelly Padgett +01 202 715 1110 Media queries Isabelle Thomas +44 (0) 20 7927 5967 Notes to Editor Diageo is the world's leading premium drinks business. With its global vision, and local marketing focus, Diageo brings to consumers an outstanding collection of beverage alcohol brands across the spirits, wine and beer categories including Smirnoff, Guinness, Johnnie Walker, Baileys, J&B, Jose Cuervo, Captain Morgan and Tanqueray, and Beaulieu Vineyard and Sterling Vineyards wines. Diageo trades in some 180 countries around the world and is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE). For more information about Diageo, its people, brands and performance, visit us at www.diageo.com This information is provided by RNS The company news service from the London Stock Exchange END ACQUKAVRSARAAAA
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