UK Company Histories

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Diageo formation and early portfolio transactions

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Follow four transactions from 1997 to 2002Diageo formation and early portfolio transactions
  1. 17 December 1997
    Guinness and Grand Metropolitan merged

    Diageo was formed. Source 1

  2. 31 October 2001
    Pillsbury disposal completed

    The worldwide packaged food business was combined with General Mills. Source 2

  3. 21 December 2001
    Selected Seagram assets acquired

    Diageo added spirits brands including Captain Morgan and Crown Royal. Source 2

  4. 13 December 2002
    Burger King disposal completed

    The quick-service restaurant business left the group. Source 2

Merger, acquisitions and disposals altered the scope of the same listed group.

Source 1 Source 2 Source 3

Diageo formation and early portfolio transactions

The records use the completed dates in shareholder material and annual reports where available. The Seagram row covers the portion acquired by Diageo.

4 records
Source
17 December 1997Guinness and Grand Metropolitan mergedDiageo was formed.Source 1
31 October 2001Pillsbury disposal completedThe worldwide packaged food business was combined with General Mills.Source 2
21 December 2001Selected Seagram assets acquiredDiageo added spirits brands including Captain Morgan and Crown Royal.Source 2
13 December 2002Burger King disposal completedThe quick-service restaurant business left the group.Source 2

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