Edition:
United Kingdom

Diageo Proposes Partial Tender Offer To Increase Stake In Sichuan Shuijingfang


Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - Diageo PLC ::TENDER OFFER.PROPOSAL FOR PARTIAL TENDER OFFER TO INCREASE ITS AGGREGATE EQUITY STAKE IN SJF FROM 60.00% TO UP TO 70.0% AT OFFER PRICE OF RMB45.00/SHARE.SHAREHOLDERS IN SJF HAVE BEEN ADVISED THAT SUCH PROPOSAL IS STILL UNDER DISCUSSION AND THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE MADE.