Diageo PLC Diageo announces settlement of disputes (8605Z)
17 January 2024 - 2:00AM
UK Regulatory
TIDMDGE
RNS Number : 8605Z
Diageo PLC
16 January 2024
Diageo plc
LEI: 213800ZVIELEA55JMJ32
16 January 2024
Diageo announces settlement of disputes with Sean Combs and sole
ownership of DeLeón tequila
Diageo announces that Sean Combs and Diageo have now agreed to
resolve all disputes between them. Mr. Combs has withdrawn all of
his allegations about Diageo and will voluntarily dismiss his
lawsuits against Diageo with prejudice. Diageo and Mr. Combs have
no ongoing business relationship, either with respect to Cîroc
vodka or DeLeón tequila, which Diageo now solely owns.
ENDS
For further information please
contact:
Media Relations:
+44 (0) 7590 809
Rebecca Perry 101
Kristen Crofoot +1 (917) 445 2835
press@diageo.com
About Diageo
Diageo is a global leader in beverage alcohol with an
outstanding collection of brands including Johnnie Walker, Crown
Royal, J B and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One
vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and
Guinness.
Diageo is a global company, and our products are sold in nearly
180 countries around the world. The company is listed on both the
London Stock Exchange (DGE) and the New York Stock Exchange (DEO).
For more information about Diageo, our people, our brands, and
performance, visit us at www.diageo.com. Visit Diageo's global
responsible drinking resource, www.DRINKiQ.com for information,
initiatives, and ways to share best practice.
Celebrating life, every day, everywhere
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END
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