Round-Up - Diageo's Purchase of Mey Içki

Diageo has lined up the widely-expected acquisition of Mey Içki in Turkey. See how the story unfolded.

TURKEY: Diageo to acquire Mey Içki

21 February 2011

Diageo has signed a deal to acquire Turkey's leading spirits producer, Mey Içki, in a US$2.1bn deal that will enhance the Smirnoff maker's presence in emerging markets.

Comment - Diageo's Mey Icki deal

21 February 2011

Diageo's deal for Mey Içki is set to mark a turnaround for the drinks giant's fortunes in Turkey's promising spirits market.

Comment - Drinks majors eyeing Turkey tax deal

11 February 2011

The likes of Diageo and Pernod Ricard are hopeful that the end is nigh for the long-running tax dispute with Turkish authorities that has severely hampered their access to the country's promising alcoholic drinks sector.

TURKEY: Mey Içki takes another step to public listing

10 February 2011

Turkish spirits group Mey Içki has filed a formal application for a listing on Turkey's stock exchange.

Analysis - Diageo's Mey Içki Talks and the US$2.5bn Elephant in the Room

10 December 2010

Speculation has started circulating this week that Diageo may be looking to snap up Turkish spirits company Mey Içki from private equity firm TPG Capital. While Diageo won't be drawn on the rumours, and TPG Capital were unavailable for comment all day today, it's not hard to work out where these rumours stem from.