02 February 2026
02 February 2026
A Diageo spokesperson said the allegations were "sensational" and "entirely false and defamatory".
The application covers only the company’s production facility and warehouse operations in Latvia.
Fellow brewer Tibet Development will hold full ownership of the Lhasa Brewery once the deal is completed.
The company acquired the facility in Jeffersontown five years ago amid strong demand for US whiskey.
If completed, the transaction would expand the group’s vineyard footprint by around 60ha in Romania’s Dealu Mare wine region.
Latham & Watkins’ transactions included Coca-Cola HBC’s move in October to buy a majority stake in Coca-Cola Beverages Africa.
“The proposed tariff reduction from 10% to 5% has the potential to re-energise exports of Scotch to this important market,” Scotch Whisky Association chief executive Mark Kent said.
Investment bank TD Cowen estimates the NABCA numbers account for 20-25% of the US spirits market.
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