Business
Ryan Reynolds sells Aviation Gin company for $846 million – 9TheFIX
Diageo PLC, the spirits giant behind Tanqueray gin, Guinness beer, Smirnoff vodka and Captain Morgan rum, is adding a new drink to its bar: Aviation Gin the company owned by Ryan Reynolds.
Diageo will pay up to US$610 million (approx. $846 million) an initial payment of US$335 million (approx. $465 million) and a payment of up to US$275 million ($382 million) based on the performance of the acquisition over a 10-year period for Davos Brands, which includes Aviation Gin as well as Astral Tequil…
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