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Daily Archive: April 15, 2014

Diageo To Launch New $1.9 Billion Offer To Raise Its Stake In USL To 55%

Diageo says it will offer up to $1.9 billion to shareholders of Indian spirits giant United Spirits Ltd. (USL) to raise its stake in the company from 28.8% to 54.8%. Continue reading →

Posted in News on April 15, 2014

Campari Buys Averna, Bolstering Leadership In Italian Bitters-Liqueurs Segment

Gruppo Campari has acquired 100% of Italian distiller Fratelli Averna for €103.75 million ($143.4m). Continue reading →

Posted in News on April 15, 2014

News Briefs for April 15, 2014

•Heaven Hill Distilleries has revamped the packaging for its Rittenhouse Bottled-In-Bond Straight Rye Whisky. Continue reading →

Posted in News on April 15, 2014

Craft Brewing and Distilling News for April 15, 2014

•California’s Monument Valley Distillers has released Duke Kentucky Straight Bourbon, a new craft whiskey named for film star John Wayne. Continue reading →

Posted in News on April 15, 2014