Diageo Forms Pension Funding Partnership
1st Jul 2010 07:15
LONDON (Dow Jones)--Diageo PLC (DGE.LN), the drinks company, Thursday announced that agreement has been reached with the Trustee of the U.K. Diageo Pension Scheme on a 10 year funding plan. MAIN FACTS: -At the time of the triennial actuarial valuation at 1 April 2009 the deficit of the U.K.
Read moreSplash of whisky added to Diageo pension fund
1st Jul 2010 07:07
Guinness brewer and spirits distiller Diageo has reached agreement with its pension fund trustees on a 10-year funding arrangement for the UK pension scheme. It has been agreed that £197m which was agreed under the 2006 funding plan will be transferred to the UK scheme, which was £862m in deficit a
Read moreDiageo Plc Statement Re Pension Deficit Funding
1st Jul 2010 07:00
TIDMDGE RNS Number : 5871O Diageo PLC 01 July 2010 ? 1 July 2010 Diageo announces 10 year funding arrangements for UK Diageo Pension Scheme Diageo has today announced that agreement has been reached with the Trustee of the UK Diageo Pension Scheme (the UK Scheme) on a 10 year funding plan. At
Read moreAfrica's Growing Thirst Is Draw For Global Brewers
30th Jun 2010 13:07
By William Spain While small compared with most mature markets--and even other developing ones--Africa is still attracting plenty of attention from global brewers seeking to tap into the continent's steadily growing thirst for beer. Breweries and brands are sprouting like mushrooms from Jo
Read morePRESS RELEASE: Captain Morgan and BOATsmart! Canada Cruise Cottage Country This Summer to Highlight the Importance of Boating Safety
30th Jun 2010 10:59
The Captain's Landing Program Showcases Captain Morgan's Commitment to Boating Safety TORONTO, June 30 /CNW/ - Captain Morgan Original Spiced Rum, announced today the launch of The Captain's Landing summer program this Canada Day weekend, in partnership with BOATsmart! Canada. The Captain's Lan
Read morePRESS RELEASE: Diageo Takes Majority Ownership Stake in NUVO, the Ultra-Premium Imported Pink Sparkling Liqueur
29th Jun 2010 15:31
NORWALK, Conn., June 29 /PRNewswire-FirstCall/ -- Following on the tremendous success of NUVO, the ultra-premium, imported pink sparkling liqueur, Diageo, the world's leading premium drinks company, announced today that it has increased its ownership interest in London Group, the joint venture that
Read morePRESS RELEASE: Diageo Announces Partnership With the New York Giants and New Meadowlands Stadium
28th Jun 2010 13:23
Captain Morgan Spiced Rum and Smirnoff Vodka Brands Look to Make Big Impact with Big Blue NEW YORK, June 28 /PRNewswire-FirstCall/ -- Diageo, the world's leading premium drink business with a collection of brands across spirits, wine and beer, today announced a sponsorship deal with the Nationa
Read morePRESS RELEASE: S&P Rates Realty Income's New $250M Senior Unsecured Nts 'BBB'
25th Jun 2010 17:38
The following is a press release from Standard & Poor's: OVERVIEW -- Realty Income has announced plans to acquire $269 million of winery and vineyard properties under long-term triple-net-lease agreements with Diageo Chateau & Estate Wines (guaranteed by Diageo PLC) in a debt-financed transac
Read morePRESS RELEASE: Fitch Rates Realty Income's $250MM 5.75% Senior Unsecured Notes 'BBB+'
24th Jun 2010 21:59
The following is a press release from Fitch Ratings: Fitch Ratings-New York-24 June 2010: Fitch Ratings has assigned a 'BBB+' credit rating to the $250 million par value 5.75% coupon rate senior unsecured notes issued by Realty Income Corporation (Realty Income, NYSE: O). The notes, which matur
Read moreUS HOT STOCKS: EBay, Fortress, Spectrum Control, Wynn -2-
24th Jun 2010 15:48
EBay Inc. (EBAY, $20.88, -$0.46, -2.16%) said it agreed to acquire RedLaser, the leading barcode-scanning iPhone application, which is used by mobile-device users for comparison shopping and product information. Terms of the deal weren't disclosed. EDAP TMS SA (EDAP, $2.44, +$0.10, +4.27%), a d
Read moreDiageo Sees Little Or No Sales Growth In Europe Next Year
24th Jun 2010 14:48
LONDON (Dow Jones)--Sales at Diageo PLC's (DGE.LN) European business will be only modestly higher in the second half of its current financial year, with little or no growth in the following year, the division's president said Thursday in a gloomy assessment's of the drinks giant's prospects. "Th
Read moreDiageo enters sale leaseback arrangement
24th Jun 2010 14:39
Drinks brands giant Diageo has entered into a sale and leaseback arrangement on its North American wines business??, which is valued at approximately $260m (£174m). "The impact of the restructuring, including the sale and leaseback, on the income statement for the year ending 30 June 2010 will be b
Read moreRealty Income To Buy $269M Of Vineyard Property From Diageo
24th Jun 2010 14:11
DOW JONES NEWSWIRES Realty Income Corp. (O) said it will acquire about $269 million of Napa Valley winery and vineyard properties from a subsidiary of Diageo PLC (DEO) and lease them back to the alcohol giant. Realty Income, a real-estate investment trust known for paying monthly dividends,
Read moreDiageo Signs Sale, Leaseback Wine Deal In US
24th Jun 2010 13:53
LONDON (Dow Jones)--Global drinks giant Diageo PLC (DGE.LN) said Thursday that it has signed a sale and leaseback deal involving some of its land and facilities in Napa Valley, California, valued at approximately $260 million, part of the global drinks firm's ongoing review of its wine operations.
Read moreDiageo In $260M Leaseback, Sale Pact For Napa Valley Assets
24th Jun 2010 13:42
LONDON (Dow Jones)--Diageo PLC (DGE.LN), a multinational beer, wine and spirits company that includes Smirnoff vodka and Johnny Walker scotch whiskey brands in its portfolio, said Thursday it has entered into a sale and leaseback arrangement in respect to certain land and facilities located in Napa
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