PAUL WALSH TALKS CONSOLIDATION

As reported in The Scotsman, Diageo chief Paul Walsh confirmed that Diageo will continue to acquire new brands as a leader in the “march on consolidation.”"Consolidation is going to continue, and we will be participating. The consolidation game is not over." Paul also told the Scotsman that Diageo is very much interested in acquiring Absolut, and they have hired advisers to investigate a sale or flotation. The main thing that stands in their way is regulatory challenges. “Acquiring a company