Diageo buys Dutch vodka stake

Drinks giant Diageo has ditched its interest in iconic Swedish vodka brand Absolut after today agreeing a deal for a 50% stake in Dutch vodka Ketel One.

Diageo buys Dutch vodka stake
Wed, 06 Feb, 2008 - 11:46

Drinks giant Diageo has ditched its interest in iconic Swedish vodka brand Absolut after today agreeing a deal for a 50% stake in Dutch vodka Ketel One.

The London-based firm pulled out of the auction to buy Absolut before last week’s deadline for indicative offers.

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CourtsBusinessHeathrowPlace: LondonPlace: USPlace: EuropePlace: LatinPlace: Asia PacificPlace: UKPerson: NoletPerson: Paul WalshOrganisation: DiageoOrganisation: AbsolutOrganisation: Ketel OneOrganisation: DrinksOrganisation: SmirnoffOrganisation: CirocOrganisation: Swedish governmentOrganisation: Vin & SpiritOrganisation: Pernod RicardOrganisation: Fortune BrandsOrganisation: Bacardi
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