Diageo launched a tender offer for an additional stake in Sichuan Shuijingfang.

Synopsis

Diageo, the world's largest spirits company, launched a tender offer for an additional stake in Sichuan Shuijingfang, a Chinese liquor producer. Diageo is increased its stake from 60% to 70%.

Principals

target

Sichuan Shuijingfang Co

bidder

Diageo

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Market Context

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Bidder Team (2)

ivan menezes

CEO at DIAGEO PLC

Manager

bidder

Deals

£ 2.72 B

Total Value

kathryn mikells

CFO at DIAGEO PLC

Manager

bidder

Deals

£ 58.01 B

Total Value

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