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Share Price: 2,729.00

Bid: 2,727.50

Ask: 2,728.50

Change: 0.50 (0.02%)

Spread: 1.00 (0.037%)

Open: 2,743.50

High: 2,775.50

Low: 2,727.50

Prev. Close: 2,728.50

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UK CMA Decides To Not Refer Diageo's Chase Deal To Phase Two Probe

Thu, 11th Feb 2021 09:20

(Alliance News) -Â The UK Competition & Markets Authority on Thursday said it has decided against referring Diageo PLC's takeover of Chase Distillery Holdings Ltd to a phase two investigation.

Spirit giant Diageo first announced the deal to buy Herefordshire gin and vodka-maker Chase Distillery in October last year. The takeover, for an undisclosed amount, will see the Johnnie Walker and Gordon's owner further expand its UK gin business, as customer demand for premium spirits, and gin in particular, continues to surge.

Chase Distillery was founded by entrepreneur William Chase in 2008 and has a portfolio which includes seven gins, four vodkas, and an elderflower liqueur.

Shares in Diageo were up 1.8% at 3,035.00 pence in London on Thursday.

By Lucy Heming;Â lucyheming@alliancenews.com

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22 Nov 2023 16:54

LONDON MARKET CLOSE: Shares mixed on Autumn statement; pubs get boost

(Alliance News) - Stock prices in London closed mixed on Wednesday, following the UK'S Autumn statement, which had no big surprises for investors.

13 Nov 2023 09:45

LONDON BROKER RATINGS: Diageo gets price target cuts; JPMorgan ups M&G

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

13 Nov 2023 08:37

Citi cuts targets for Diageo after surprising LatAm weakness

(Sharecast News) - Citi has slashed its target price for Diageo by 15% after the drinks group's disappointing trading update on Friday, saying there's a risk of further cuts despite last week's derating.

10 Nov 2023 15:45

London close: Stocks tumble on Powell comments as GDP stagnates

(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.

10 Nov 2023 11:53

LONDON MARKET MIDDAY: Stocks firmly in red as UK GDP stagnates

(Alliance News) - Stock prices in London fell strongly at midday on Friday, as the UK economy registered no growth in the third quarter, although faring better than expectations of a contraction.

10 Nov 2023 08:46

LONDON MARKET OPEN: Fed comments send stocks lower; FTSE 250 sinks

(Alliance News) - Stock prices in London opened in the red on Friday, as hawkish rhetoric from the Federal Reserve saw risk appetite evaporate across global equity markets.

10 Nov 2023 08:27

TOP NEWS: Diageo eyes sales drop amid weak Latin American performance

(Alliance News) - Diageo PLC on Friday said it expects sales in Latin America and the Caribbean to act as a drag on growth, with the region hit by low consumption due to macroeconomic pressures.

10 Nov 2023 07:41

LONDON BRIEFING: Diageo bemoans setbacks in Latin America & Caribbean

(Alliance News) - Stocks in London are expected to open lower on Friday, as hawkish comments from the head of the US Federal Reserve spooked equity investors and sent the dollar higher.

10 Nov 2023 07:23

Diageo warns of slowdown as LatAm-Carribean sales drop

(Sharecast News) - Drinks giant Diageo saw shares plummet on Friday after warning of a slowdown in growth in the first half due to a weaker performance in Latin America and the Caribbean.

7 Nov 2023 09:28

LONDON BROKER RATINGS: Watches of Switzerland impresses HSBC; Asos cut

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

2 Nov 2023 10:31

IN BRIEF: Grafton promotes Hays's Susan Murray to senior director

Grafton Group PLC - Dublin-headquartered building materials supplier and DIY retailer - Non-Executive Director Susan Murray will succeed Hampden Smith as senior independent director at the conclusion of its annual general meeting in 2024. Smith will step down from the board after "almost nine years". Murray is also a non-executive director of Hays PLC, and was formerly a non-executive director at Mitchells & Butlers PLC and Compass Group PLC. From 1992 to 1998 she was chief executive officer of the Pierre Smirnoff Co, part of Diageo PLC. Grafton also hires Mark Robson as a non-executive director, effective December 1, to succeed Smith as chair of its Audit & Risk Committee.

2 Nov 2023 07:53

IN BRIEF: Soraya Benchikh returns to British American Tobacco as CFO

British American Tobacco PLC - London-based cigarettes, tobacco and other nicotine products maker - Appoints Soraya Benchikh as the new chief financial officer May 1, 2024. The Diageo PLC executive will succeed Javed Iqbal, who will continue to serve as interim finance director until April 30, 2024. She joined Diageo in 2020 and she previously spent 20 years at BAT where she served as president of BAT France, area director for East and Southern Africa, and regional finance director for Europe. The CFO post was left vacant after Finance Director Tadeu Marroco was promoted as chief executive in May this year, replacing Jack Bowles.

2 Nov 2023 07:34

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Diageo Share News (DGE)

Share Price Information for Diageo (DGE)

UK CMA Decides To Not Refer Diageo's Chase Deal To Phase Two Probe

LONDON MARKET CLOSE: Shares mixed on Autumn statement; pubs get boost

LONDON BROKER RATINGS: Diageo gets price target cuts; JPMorgan ups M&G

Citi cuts targets for Diageo after surprising LatAm weakness

London close: Stocks tumble on Powell comments as GDP stagnates

LONDON MARKET MIDDAY: Stocks firmly in red as UK GDP stagnates

LONDON MARKET OPEN: Fed comments send stocks lower; FTSE 250 sinks

TOP NEWS: Diageo eyes sales drop amid weak Latin American performance

LONDON BRIEFING: Diageo bemoans setbacks in Latin America & Caribbean

Diageo warns of slowdown as LatAm-Carribean sales drop

LONDON BROKER RATINGS: Watches of Switzerland impresses HSBC; Asos cut

IN BRIEF: Grafton promotes Hays's Susan Murray to senior director

IN BRIEF: Soraya Benchikh returns to British American Tobacco as CFO

BAT poaches Diageo president to be new CFO

LONDON BROKER RATINGS: Citigroup cuts Wizz Air to 'sell'

TOP NEWS: Diageo starts new share buyback to return up to USD1 billion

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