Diageo gets go-ahead for Seagram deal

Diageo has gained approval for its £5.7bn purchase of Seagram's wine and spirits business.

Diageo gets go-ahead for Seagram deal
Thu, 20 Dec, 2001 - 13:07

Diageo has gained approval for its £5.7bn purchase of Seagram's wine and spirits business.

The US Federal Trade Commission has cleared the deal, which will see Diageo acquire Captain Morgan rum and other brands.

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