Guinness Nigeria Sold! Diageo Joins Multinationals Leaving t

Guinness Nigeria Sold! Diageo Joins Multinationals Leaving the Market

Diageo, the British beverage giant behind popular alcoholic brands such as Guinness and Johnnie Walker, has become the latest multinational company to announce the sale of its Nigerian subsidiary. Diageo will sell its 58.02 percent stake in Guinness Nigeria to Singapore-based Tolaram for N81.6 (U.S.$0.05) or about U.S. $70 million. The…

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Nigeria , United Kingdom , Nigerian , British , Johnnie Walker , Unilever Plc , Diageo , Procter Gamble Co , Guinness Nigeria , Guinness , Singapore Based Tolaram ,

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