Diageo To Acquire Cachaca Brand

by Benzinga Staff
May 29, 2012 1:37 AM | 13 seconds read | Make a Comment

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Diageo plc (NYSE: DEO) announced its plans to buy cachaca brand, Ypioca, and certain production assets from Ypioca Agroindustrial Limitada for BRL900 million in cash, or about GBP300M.The transaction is likely to complete in a month.DEO shares closed at $94.61 on Friday.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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