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Thu Jun 13

Tolaram adds Guinness Nigeria to roster of brands in flourishing consumer goods business

Written by: Viw Magazine

Singapore conglomerate to acquire Diageo’s shareholding in the West African brewery business and continue building on the growth of Guinness in Nigeria.

SINGAPORE - Media OutReach Newswire - 11 June 2024 - Tolaram announced today that it has entered into definitive documents to acquire Diageo's 58.02% shareholding in Guinness Nigeria PLC, a company listed on the Nigerian Stock Exchange, which produces and distributes Guinness in Nigeria.

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Singapore conglomerate to acquire Diageo’s shareholding in the West African brewery business and continue building on the growth of Guinness in Nigeria.

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