This month, just-drinks returns to its two-part extended format for The Wehring Interview. Earlier this month, I enjoyed an hour in the company of Diageo's Asia Pacific president, Gilbert Ghostine. I say enjoyed; I wasn't at my best to start.
Yesterday (27 August), Diageo reported its full-year results. Although the company managed to hit its full-year guidance, the group's warning that this year will be tough suggests that Diageo has its work cut out in fiscal 2010. Speaking exclusively to just-drinks yesterday afternoon, group CEO Paul Walsh talks about the trials and tribulations of the past 12 months – including, of course, the ongoing row in Scotland.
Suntory Holdings has declined to comment on another media report linking it to a stake purchase in India's second-largest spirits producer, Radico Khaitan.
Spirits producer Radico Khaitan is preparing to spin off its Indian Made Foreign Liquor (IMFL) business as a subsidiary and seek foreign investment in the unit, according to local reports.
Suntory Holdings has declined to comment on a report it is in talks to buy a 26% stake in India's second-largest spirits producer, Radico Khaitan.
Radico Khaitan has lined up a management restructure following the recent departure of its long-serving chief operating office.
Radico Khaitan has confirmed that it will pull out of its Indian partnership with Diageo, leaving the UK-based company with control of the venture.
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