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Diageo's new CEO gets breather as rivals' merger fizzles

The collapsed merger removes an immediate rival threat as investors press Dave Lewis to lift sales and shares at Diageo.

Summary by Reuters
Diageo's new CEO Dave Lewis has caught an early break. Merger talks between rivals Pernod Ricard and Brown-Forman have collapsed, removing the threat of a newly enlarged ​challenger just as he tries to steady the world's biggest spirits maker.

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Diageo's new CEO gets breather as rivals' merger fizzles

Diageo's new CEO Dave Lewis has caught an early break. Merger talks between rivals Pernod Ricard and Brown-Forman have collapsed, removing the threat of a newly enlarged ​challenger just as he tries to steady the world's biggest spirits maker.

·United Kingdom
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Recharge | Renewable Energy NewsRecharge | Renewable Energy News

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Recharge | Renewable Energy News broke the news on Tuesday, May 5, 2026.
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