Diageo Buys Stake in Halico/Hanoi
on 26/01/11 at 11:06 amIndustry
-In addition, Diageo has agreed to acquire a 23.6% stake in Halico from VinaCapital Vietnam Opportunity Fund Ltd, for GBP33 million.
-As Halico’s strategic partner, Diageo will assist Halico in enhancing its capabilities across a range of functions, including innovation, branding, supply, distribution and corporate relations.
-In return, Diageo will become a long term equity investor in Halico and its main brand Vodka Hanoi.