Diageo secures additional 20 percent shares in GGBL

Diageo Highlands B.V, a wholly-owned subsidiary of Diageo plc, has announced its acquisition of the entire issued share capital of Heineken Ghanaian Holdings B.V.

A statement issued by Guinness Ghana Breweries Limited (GGBL) and copied to the B&FT stated that the acquisition raises Diageo’s overall equity interests in GGBL to 72.42 percent.

According to the statement, Diageo Highlands B.V now holds 52.42 percent of issued shares in GGBL while its newly-acquired subsidiary holds 20 percent.

It further indicated that Heineken Ghanaian Holdings B.V will be renamed Diageo Ghanaian Holdings B.V.

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