Diageo to buy Turkish spirits company

Drinks giant Diageo said today it has reached agreement to acquire Mey Içki, the leading spirits company in Turkey, for around TL3.3bn (€1.5bn).

Diageo to buy Turkish spirits company
Mon, 21 Feb, 2011 - 08:13

Drinks giant Diageo said today it has reached agreement to acquire Mey Içki, the leading spirits company in Turkey, for around TL3.3bn (€1.5bn).

The transaction is expected to complete in the second half of calendar 2011, subject to regulatory clearances.

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CourtsBusinessHeathrowPlace: TurkeyPlace: ChinaPlace: VietnamPerson: Mey IçkiPerson: CEOPerson: Paul WalshOrganisation: DiageoOrganisation: TPG CapitalOrganisation: TPGOrganisation: ActeraOrganisation: Raki
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