Diageo to Acquire Don Papa Rum for About $282 Million
Dear Client: Today Diageo announced it has reached an agreement to acquire super-premium Don Papa Rum for a little over $282 million, with a further potential consideration of about $192.6 million through 2028 subject to performance, per release. Don Papa Rum launched in 2012 by Stephen Carroll. The Philippines-based rum is currently available in 30 countries. … Continue reading "Diageo to Acquire Don Papa Rum for About $282 Million"