CIC buys part of Diageo - report
A signage is seen on the outside of Diageo offices in west London October 10, 2008.
Credit: Reuters/Toby Melville
NEW YORK |
NEW YORK (Reuters) - China's sovereign wealth fund, China Investment Corp, has acquired a 1.1 per cent of Diageo (DGE.L) drinks group, the Financial Times reported.
The move gives it a stake worth 221 million pounds in the London-based firm, the paper said.
Diageo, the world's biggest spirits group, makes drinks including Johnnie Walker and J&B scotch whiskies.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters