REG - Diageo PLC - Diageo announces settlement of disputes

DiageoAnnouncement

16/01/2024 15:00

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RNS Number : 8605Z  Diageo PLC  16 January 2024

Diageo plc

LEI: 213800ZVIELEA55JMJ32

16 January 2024

Diageo announces settlement of disputes with Sean Combs and sole ownership of
DeLeón tequila

 
Diageo announces that Sean Combs and Diageo have now agreed to resolve all disputes between them. Mr. Combs has withdrawn all of his allegations about Diageo and will voluntarily dismiss his lawsuits against Diageo with prejudice. Diageo and Mr. Combs have no ongoing business relationship, either with respect to Cîroc vodka or DeLeón tequila, which Diageo now solely owns.
 
ENDS

 

 For further information please contact:

 Media Relations:
 Rebecca Perry                            +44 (0) 7590 809 101
 Kristen Crofoot                          +1 (917) 445 2835
 press@diageo.com

 

 

About Diageo

Diageo is a global leader in beverage alcohol with an outstanding collection
of brands including Johnnie Walker, Crown Royal, JεB and Buchanan's whiskies,
Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio,
Tanqueray and Guinness.

Diageo is a global company, and our products are sold in nearly 180 countries
around the world. The company is listed on both the London Stock Exchange
(DGE) and the New York Stock Exchange (DEO). For more information about
Diageo, our people, our brands, and performance, visit us at www.diageo.com
(http://www.diageo.com) . Visit Diageo's global responsible drinking resource,
www.DRINKiQ.com (http://www.DRINKiQ.com) for information, initiatives, and
ways to share best practice.

Celebrating life, every day, everywhere

 

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