The scuttlebutt in the pubs and wine bars around the City is that Diageo (LSE: DGE) is in play, with Brazil’s richest man Jorge Paulo Lemann reportedly mulling over a bid for the spirits-to-beer behemoth via his private equity firm 3G Capital. So should you buy in? Owain Bennallack explores…
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Should You Buy Diageo plc On New Takeover Rumours?
VIDEO: One Fool takes a closer look at Diageo plc (LON:DGE).
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.