The Times
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Tolaram adds Guinness Nigeria to roster of brands in flourishing consumer goods business

Singapore conglomerate to acquire Diageo’s shareholding in the West African brewery business and continue building on the growth of Guinness in Nigeria.

SINGAPORE - Media OutReach Newswire - 11 June 2024 - Tolaram announced today that it has entered into definitive documents to acquire Diageo's 58.02% shareholding in Guinness Nigeria PLC, a company listed on the Nigerian Stock Exchange, which produces and distributes Guinness in Nigeria.

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