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Diageo acquires additional 10.62% stake in Halico
Friday, 15th June 2012
Drinks giant Diageo has successfully closed its public offer to acquire an additional 10.62% stake in Hanoi Liquor Joint Stock Co in Vietnam for a consideration of approximately £14.0m. The offer opened on 11 May 2012 and closed yesterday (14 June).
Diageo expects to complete the transaction on 24 June.
Following completion, Diageo's total equity stake in Halico will be 45.52%.
The price of the public offer was VND213,600 per share, the same price as Diageo's previous purchases of Halico shares.
Story provided by StockMarketWire.com
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