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Diageo on the Lookout for More Tequila, Aguardiente

Diageo would be interested in buying good brands of Mexican tequila or Colombian aguardiente.

19/05/2014

Diageo would be interested in buying good brands of Mexican tequila or Colombian aguardiente if any were available, a senior executive said on Thursday, as the world\'s largest spirits maker continues to expand its portfolio. 

The maker of Johnnie Walker scotch and Smirnoff vodka has a long track record of buying local spirits brands as a way to build scale and distribution in emerging markets. It bought Ypioca cachaca in Brazil, Mey Icki raki in Turkey and most recently, launched a bid to nearly double its stake in India\'s United Spirits.

See more on: www.reuters.com/article/2014/05/15/diageolatinamerica-idUSL6N0O153R20140515

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