British drinks group buys cachaça distillery in Brazil as it expands to emerging markets

Monday, May 28th 2012 - 16:52 UTC

Full article 4 comments

British drinks group Diageo is buying a maker of Brazil's most popular spirit, cachaça for about 470 million dollars, boosting its expansion in fast-growing emerging markets while it fights for a bigger prize in tequila. Read full article

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Guzz
Aaaahhh, Caipirinha... You guys are about to try something out of this world, haven't you tried it already...
A little advice, make it in a pineapple...
May 28th, 2012 - 05:01 pm - Link - Report abuse 0
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Brit Bob
@1

Brasil is a good place to do business. The Brasilians know how to honour agreements and can be trusted. That is why they are successful...
May 28th, 2012 - 07:07 pm - Link - Report abuse 0
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Guzz
Of course, that, and the fact that they charge 35% taxes on selected pruducts :)
May 29th, 2012 - 05:30 am - Link - Report abuse 0
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Fido Dido
Well Guz, some nations care about protecting their nation by protecting their interestes/economy. They should do the same thing here in the US, but is not going to happen since the leaders love to serve the people with cheap chinese crap while jobs are disappearing at an alarming rate. Meanwhile they lecture us that everything is fine.
May 29th, 2012 - 05:36 am - Link - Report abuse 0
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