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Diageo plc announced on 16 January 2024 that it has settled all disputes with Sean Combs. As part of the resolution, Mr. Combs has withdrawn his allegations and will dismiss his lawsuits against Diageo with prejudice. Diageo now solely owns DeLeón tequila, and there is no ongoing business relationship between Diageo and Mr. Combs regarding Cîroc vodka or DeLeón tequila.
| Date | 16 Jan 2024 |
| Time | 15:00:01 |
| Category | Miscellaneous |
| ID | 8605Z |
Diageo plc
LEI: 213800ZVIELEA55JMJ32
Diageo announces settlement of disputes with Sean Combs and sole ownership of DeLeón tequila
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For further information please contact: Media Relations: |
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Rebecca Perry |
+44 (0) 7590 809 101 |
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Kristen Crofoot |
+1 (917) 445 2835 |
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press@diageo.com |
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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. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com for information, initiatives, and ways to share best practice.
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