Jorge Paulo Lemann targets Diageo take-over

Jorge Paulo Lemann targets Diageo take-over

Richest Brazilian, Jorge Paulo Lemann, is apparently interested in British drink manufacturer Diageo and is contemplating a take-over. Currently, Lemann already has a stake in Anheuser-Busch InBev.

More rumours

Brazilian magazine Veja says Jorge Paulo Lemann is talking to several possible partners to acquire Diageo, a company mainly known for its Guinness and Johnie Walker whiskey.

 

Lemann is also the man behind the 3G Capital investment firm, which - alongside Warren Buffett - purchased ketchup manufacturer Heinz in 2013 and successfully merged that company with Kraft Foods mere months ago.

 

There had been rumours last month that 3G Capital, together with Buffett and Anheuser-Busch InBev, had plans to acquire Grolsch' manufacturer SABMiller. Lemann and Diageo have refused to comment on the rumours about a possible acquisition.

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