Stock Spotlight: Diageo's rum expansion has managers in high spirits

CEO change

Cristian Angeloni
clock • 4 min read

Diageo’s recent acquisition of premium rum company Don Papa Rum and the news its CEO will retire this summer have been welcomed by the market, with its share price rising 3.8% in March alone, according to data from Morningstar.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

Trustpilot