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DGE Diageo Plc

2,776.00
17.00 (0.62%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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
  17.00 0.62% 2,776.00 2,774.00 2,775.50 2,794.00 2,758.50 2,770.00 3,750,459 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Wine & Alcoholic Bev-whsl 23.52B 3.73B 1.6715 16.60 61.99B

UK Watchdog Won't Refer Diageo's Chase Distillery Acquisition for Further Review

11/02/2021 7:44am

Dow Jones News


Diageo (LSE:DGE)
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From Apr 2019 to Apr 2024

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   By Ian Walker 
 

The U.K. Competition and Markets Authority said Thursday that it won't refer Diageo PLC's planned acquisition of Chase Distillery (Holdings) Ltd., for a further review.

The regulator said last month that it was inviting comments from interested parties on Diageo's proposed acquisition ahead of a formal investigation into the deal.

It said at the time that it was considering whether the deal would lead to a lessening of competition within the U.K.

Diageo, the world's largest liquor maker--which owns Johnnie Walker whisky and Tanqueray gin--said last October that it was buying Chase Distillery, the owner of Chase GB Gin and the Chase Original Potato Vodka.

It said at the time that the deal was expected to close in early 2021, subject to regulatory clearances.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

February 11, 2021 02:29 ET (07:29 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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