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DewDiligence

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DewDiligence

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Re: None

Saturday, 11/10/2012 12:16:16 PM

Saturday, November 10, 2012 12:16:16 PM

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DEO acquires India’s largest liquor company:

http://dealbook.nytimes.com/2012/11/09/diageo-buys-controlling-stake-in-indias-biggest-liquor-company

Acquiring the Indian company, United Spirits, will make it possible for Diageo, which is based in London, to meet its goal of getting half of its revenue from emerging markets years ahead of its 2015 target. About 40 percent of sales come from such markets now.

Hmm—I may have to take a closer look at DEO as a major beneficiary of TGDT.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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