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equity swap
Diageo exchanges Cîroc vodka rights for majority ownership of Lobos 1707 Tequila

Diageo exchanges Cîroc vodka rights for majority ownership of Lobos 1707 Tequila

Diageo has exchanged its ownership rights to the Cîroc vodka brand in North America for majority ownership interest in Lobos 1707 Tequila.

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