DIAGEO LOOKS TO BUY IN AUSTRALIA

Diageo has applied to Australia’s Competition and Consumer Commission for clearance to further explore Independent Liquor, a New Zealand producer of RTD brands including Vodka Cruiser, Mudshake and FX, according to Just Drinks.Lion Nathan, Foster’s Group and Coca-Cola Amatil, along with two private equity groups, are also said to be in the race for Independent.