Diageo Plc offered to pay 114 billion rupees ($1.9 billion) to gain control of United Spirits Ltd. in a second attempt to extend its reach in the world’s largest whiskey market. United surged to a record.
Some companies use in-home shopping parties to get customers to spend on items like jewelry and Tupperware in the company of friends -- and a lot of alcohol. Diageo Plc is going straight to the fun by shipping liquor and bartenders to clients’ living rooms.
Is there no multi-syllabic and preferably German psychological term to describe the angst, then resignation experienced upon realizing that green tea at Grace in Chicago costs $21? Burgers at other fine venues cost less.
Diageo Plc, the world’s biggest distiller, is targeting wealthy Chinese businessmen to boost sales at its local white-liquor unit as an austerity drive by President Xi Jinping dries up government orders.
Diageo Plc, the world’s biggest distiller, expects products including new varieties of Johnnie Walker whisky to drive sales growth in Latin America as it targets emerging middle-class consumers and women.