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Diageo plc (LON:DGE) Setting Up US Base
Posted on September 14, 2011 at 07:51 AM EDT
Diageo plc (LON:DGE) has created a new business unit in North America. Flash Player 9 or higher is required to view the chartClick here to download Flash Player nowView the full DGE chart at Wikinvest Diageo plc (LON:DGE) Setting Up US Base Reports say that the UK based Diageo plc (LON:DGE) is planning to introduce [...]

Diageo plc (LON:DGE) has created a new business unit in North America.

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Click here to download Flash Player now
View the full DGE chart at Wikinvest
Diageo plc (LON:DGE) Setting Up US Base

Reports say that the UK based Diageo plc (LON:DGE) is planning to introduce a new business unit in North America aimed at developing “high potential yet underdeveloped brands” within the Diageo portfolio in the continent.

Further details of the brand have not been revealed yet.

A Diageo plc (LON:DGE) spokeswomen said, “We can confirm the creation of this new business unit. However, we haven’t made any external announcement yet.”

Diageo plc (LON:DGE) shares stood at 1216 at the end of the last trading session.

Diageo plc (LON:DGE) Setting Up US BasePrice History
Last Price: 1216
52 Week Range: 1,070.00- 1,317.00
Last Vol: 1718437
3 Month Vol: 4938440

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