$86.63—Stale · unknown old
NYSE • Last print unknown ago
$86.63—Stale · unknown old
Kenya’s antitrust authority approved Diageo Plc’s sale of its East African unit on condition that it sets aside money to settle all liabilities that may arise after conclusion of the $2.3 billion deal.
Diageo Plc Chief Executive Officer Dave Lewis forecast a return to growth and laid out a significant cost-savings program as he forges ahead with his plan to overhaul the British distiller.
Diageo Plc, the British distiller which spent years building a portfolio of high-priced drinks, is pinning its turnaround on cost cuts and greater mass-market appeal under UK supermarket veteran Dave Lewis.
Diageo headcount down more than 6%, annual report says
Diageo agrees to reformulate India whisky, rum drinks after flavouring breach, sources say
Diageo challenges India rum ban, arguing lack of due process
World's biggest spirits maker pops 6% on $1 billion cost-cutting plan
Diageo Eyes $1 Billion in Savings as Part of Turnaround Plan
Focus: After decades, Diageo's partnership with Moet Hennessy has lost some fizz
Diageo teams face up to 30% reductions as CEO 'Drastic Dave' slashes costs
Investors Hoped for a World Cup Bump. Instead, They Got a Slump.