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Diageo To Sell 19 Brands To Sazerac For USD 550 Million

Diageo To Sell 19 Brands To Sazerac For USD 550 Million

Diageo PLC (NYSE: DEO), struck a deal with U.S- based Sazerac, to sell 19-lower end spirits brands for USD 550 Million. This allows the British-based beverage Company to focus on its high-end labels like Johnnie Walker in the U.S. These lower-e..