Press releases: 2001

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21 December 2001

North America

Diageo closes Seagram transaction

Diageo announces that it has successfully completed its joint acquisition with Pernod Ricard of the Seagram spirits and wine business. This follows the US Federal Trade Commission's consent order....

19 December 2001

North America

FTC clears Seagram acquisition

The Federal Trade Commission has issued a consent order permitting Diageo and Pernod Ricard to acquire the Seagram spirits and wine business. When this transaction has closed Diageo will own....

1 November 2001

North America

Diageo completes sale of Pillsbury

Diageo announces that it has successfully completed the disposal to General Mills of the worldwide operations of Pillsbury in a transaction valued at $10.4 billion. The transaction, originally valued....

1 November 2001

Diageo exercises option to sell back 55 million shares to General Mills

Under the terms of the agreement relating to General Mills' acquisition of Diageo's worldwide Pillsbury operations, issued yesterday, 31 October 2001, Diageo has exercised its option to sell 55 million....

30 October 2001

North America

Diageo AGM 2001 Trading Statement

Diageo's Group Chief Executive, Paul Walsh, will make the following comments on current trading at Diageo's AGM which will be held this afternoon: 'Diageo has begun the current financial....

23 October 2001

Federal Trade Commission ruling on proposed Pillsbury / General Mills combination and on Seagram wine and spirits acquisition

Diageo and General Mills are pleased by today's vote of the Federal Trade Commission which resulted in no action being taken against the proposed acquisition of Pillsbury by General Mills.....

6 September 2001

Diageo announces its preliminary results for the year ended 30 June 2001

Diageo reports operating profit of £2,127 million, PBET of £1,980 million and EPS up 15% to 42.8 pence, driven by 14% organic growth in operating profit from premium drinks. ....

12 July 2001

North America

Diageo Year End Trading Update

Diageo's premium drinks business Guinness UDV continues to perform strongly. As outlined at the interim results announcement in February the formula for growth remains the same, namely: to invest in....

22 February 2001

North America

Diageo announces its interim results for the six months ended 31 December 2000

DIAGEO ANNOUNCES ORGANIC OPERATING PROFIT GROWTH OF 11% AND EPS UP 11% > Turnover up 4% to £6,842 million (1999 - £6,596 million) >Organic operating profit* growth of....

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