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Diageo completes US$552m wine sale to Treasury Wine Estates
2016-01-04 16:20:00| Daily beverage news and comment - from just-drinks.com
Diageo has completed the sale of most of its remaining wine assets to Treasury Wine Estates (TWE).
Tags: sale
wine
treasury
estates
Diageo offloads major wine interests
2016-01-04 09:55:11| Beverages - Topix.net
Diageo was ringing in 2016 on Monday with the completion of the sale of its major wine interests. The FTSE 100 beverage multinational had previously announced its intention to sell the US-based Chateau and Estate Wines and the UK-based Percy Fox arm, to Treasury Wine Estates In October, Diageo indicated the dollar valuation of the transaction would be worth $552m, with net proceeds to the firm of A 320m.
Tags: major
interests
wine
diageo
Diageo plc (DEO) Assigned "A-" Credit Rating
2016-01-02 09:14:08| Beverages - Topix.net
Diageo plc has received an "A-" credit rating from analysts at Morningstar . The research firm's "A-" rating indicates that the company is a low default risk.
Tags: rating
credit
assigned
plc
Recent Investment Analysts' Ratings Changes for Diageo plc
2016-01-01 04:10:57| Beverages - Topix.net
They now have a GBX 1,920 price target on the stock. 12/18/2015 - Diageo plc had its "outperform" rating reaffirmed by analysts at RBC Capital.
Tags: recent
ratings
investment
plc
Diageo plc (LON:DGE) Given Average Rating of "Hold" by Brokerages
2016-01-01 01:06:05| Beverages - Topix.net
Diageo plc has earned a consensus recommendation of "Hold" from the thirty analysts that are presently covering the firm, Market Beat reports . Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and fifteen have assigned a buy rating to the company.
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