Diageo to sell Malibu as Seagram
deal is approved
20 Dec 2001 | by Staff,
The approval finally came through yesterday -- a year after the Seagram sale was agreed. As Diageo will acquire the Captain Morgan rum brand in the 5.6bn deal, the FTC has ordered it to dispose of Malibu within six months, to avoid creating a rum duopoly. The sale of Malibu is predicted to raise some ...



