Why Tolaram’s N104 billion acquisition of Guinness Nigeria is a game changer
On June 11, 2024, Diageo announced it had entered a deal to sell its 58.02% stake in Guinness Nigeria Plc ...
Tag: Diageo
Tolaram to acquire Diageo’s shareholding in Guinness Nigeria PLC
Tolaram will acquire Diageo’s 58.02% shareholding in Guinness Nigeria, and enter into long-term license and royalty agreements for the continued ...
Diageo to begin paper bottle packaging of Baileys drink
Johnny Walker maker Diageo has announced it would start paper packaging Irish cream liquor, Baileys as part of a trial.
Imported Spirits: Guinness Nigeria extends timeline for distribution of Diageo brands until 2025
Guinness Nigeria Plc will continue to import and distribute Diageo international premium spirits products.
Guinness Nigeria’s parent company, Diageo, appoints Ireena Vittal as Director
Ireena Vittal will also join the Audit, Nomination and Remuneration Committees on appointment.
Analysis: A better way to price Guinness shares
Years of declining revenues suggest there is a better way to value Guinness.
Faltering Guinness pays bumper dividends but Diageo rakes in billions in royalties
Whilst shareholders about 42% of them will have to make do with only 4.8% dividend yield, the same cannot be ...
Guinness Nigeria Plc changes CEO again, now four in 5 years!!!
Guinness Nigeria Plc has announced the appointment of Baker Magunda as its new CEO. The former CEO, Peter Ndegwa will take a ...
Diageo to expand Kenyan plant to meet demand from Nigeria, other countries
British alcoholic giant Diageo will increase production of spirits from its Kenyan plant to meet rising demand from Nigeria and ...
