Companies / United Kingdom
Johnnie Walker Flattens Guinness
February 2007 | Company Finance AlertUK-based spirits giant Diageo has announced plans to invest around GBP100mn (US$194.57mn) in its Scotch whisky division in order to capitalise on the beverage's popularity in emerging markets. The news follows a mixed first-half performance for Diageo, during which declining sales in Europe were offset by volume and value sales growth in both the North America and International operating divisions.
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