Diageo ready for Seagram deal
1-Feb-2002
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INTERNATIONAL. Diageo has cleared the way for final approval of its $8.15bn acquisition of Seagram drinks portfolio by selling its Malibu brand to Allied Domecq.
Allied Domecq will pay £560m
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(8-Nov-2001) - The drawn-out sale of Seagram?s drinks business to Diageo and Pernod Ricard has been further delayed after the US Federal Trade Commission (FTC) vetoed the deal.
(1-Feb-2002) -
(25-Oct-2001) -
(13-Mar-2002) - Allied Domecq?s purchase of coconut rum Malibu from Diageo will end the long-standing legal dispute over Captain Morgan, the rum brand both companies claimed to own.
(1-Feb-2003) -

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Diageo ready for Seagram deal