Diageo exploring sale of three brands including Pimm’s

Global Spirits Giant Diageo is reportedly contemplating selling three brands, including the iconic English beverage brand Pimm’s, Sky News reported on Thursday. Sources indicated that Rothschild bankers have been enlisted to explore the potential sale of Pimm’s, originally acquired by Diageo in 1997 through the merger of Grand Metropolitan and Guinness plc. According to Sky News, divestiture…

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