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Diageo strengthens its position in Vietnam

12.09.2011 - Vinexpo news selection

Diageo has strengthened its position in the Vietnamese group Hanoi Liquor Joint Stock Company (Halico) by acquiring a further 5% share of its equity for 7.3 million Euros in a public offering. Diageo’s share in Halico now stands at 30%.
Founded in 1898, Halico is the largest producer of locally branded spirits in Vietnam, the most popular of which is Hanoi Vodka. (VSB – 2 September 2011)

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