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Diageo has finally been given the green light by Chinese competition authorities to press on with its takeover of one of the country s leading spirits groups. The Guinness and Smirnoff maker issued its bid for a controlling stake of Sichuan Chengdu Quanxing Group last year.
Guinness is returning to its philanthropic roots by funding a new community programme targeting social entrepreneurs. The Bring It To Life Awards, launched this week, aim to honour Arthur Guinness's commitment to supporting local...
Diageo has reported a 5.3% increase in half-year pre-tax profit to £1.37bn on sales up 5.7% at £5.6bn. The drinks group, behind brands such as Guinness, Baileys and Johnnie Walker, said a strong performance from its US spirits division,...
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