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Diageo to buy stake in UNB's sorghum beer business in South Africa
date:Jan 29, 2013
On 9 November 2012, Diageo and Dr Mallya announced they had entered into a memorandum of understanding under which they would form a 50:50 joint venture, which would own United National Breweries traditional sorghum beer business in South Africa.

Further to this announcement, Diageo announces that it has entered into an agreement to acquire a 50% interest in the company which owns United National Breweries traditional sorghum beer business in South Africa. The remaining 50% will be held by a c

12/24 06:14