Diageo buys 23% stake in Vietnam spirits producer Halico

The world's largest spirits company buys a 23.6% stake in Hanoi Liquor Joint Stock Company (Halico) from VinaCapital's Vietnam Opportunity Fund for $51.6 million in cash.

Diageo, the world's largest spirits company, is boosting its presence in Vietnam with a decision to acquire a 23.6% stake in Hanoi Liquor Joint Stock Company (Halico) from VinaCapital Vietnam Opportunity Fund (VOF) for $51.6 million in cash.

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