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Diageo sells 19 brands to Sazerac for $550 million » Premier Innovations Group
Beverage industry master company Diageo is selling 19 of its brands to US based company Sazerac in $550 million deal. Reasoning for this is said to be that Diageo is increasing its focus on premium spirits. This transaction is expected to take place in early 2019 and will net Diageo over $436 million after taxes …