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Diageo Buys George Clooney's Tequila Casamigos For $1 Billion
22 Jun 2017, 12:25 PM IST i


London: Diageo, the British maker of alcoholic drinks, said Wednesday it had agreed to buy Casamigos, an upscale tequila brand co-founded by Hollywood star George Clooney, in a deal worth up to $1 billion.
"This is an exciting opportunity for Diageo to strengthen its participation in the fast growing tequila category, as well as expand the brand internationally," the company said in a statement.
It called Casamigos the fastest-grow...
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