Edition:
United Kingdom

Diageo To Sell United National Breweries To Delta Corporation


Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Diageo PLC ::DIAGEO - AGREEMENT FOR SALE OF UNITED NATIONAL BREWERIES, ITS SORGHUM BEER BUSINESS IN SOUTH AFRICA, TO DELTA CORPORATION.DIAGEO PLC - SALE PROCEEDS, WHICH ARE NOT MATERIAL, HAVE NOT BEEN DISCLOSED.DIAGEO PLC - TRANSACTION IS EXPECTED TO BE EPS NEUTRAL IN ITS FIRST FULL FINANCIAL YEAR.