Crown Royal bottling plant in Ontario town shuts down 2 days early
The Crown Royal bottling plant in Amherstburg, Ontario, has closed two days ahead of schedule amid ongoing disputes over its future and efforts by Premier Doug Ford to intervene.
Diageo slashes dividend and vows to address Guinness capacity constraints in London
Diageo has reduced its dividend and lowered its annual sales and profit forecast, citing capacity constraints for Guinness in London pubs.
Behind the scenes of Diageoβs attempts to soften the blow of an Ontario plant closure
Diageo's closure of its Crown Royal plant in Ontario has led to tensions with the provincial government, prompting Premier Doug Ford to initially take a strong stance before settling on a more diplomatic solution after negotiations with the company.
Ford government would use LCBO βcloutβ in future fights with companies
Ontario's finance minister indicates the government may leverage the LCBO's purchasing power in disputes with businesses, following a recent resolution with Diageo over Crown Royal.
Ford backs down on Crown Royal ban after reaching agreement with Diageo
Ontario Premier Doug Ford has reached a $23 million agreement with Diageo regarding the continuation of Crown Royal sales in Ontario after initially threatening a ban.
Diageo, owner of Guinness and Johnnie Walker, could sell Chinese assets
Diageo may sell its Chinese assets to streamline its portfolio as new CEO Dave Lewis reviews operations following a decline in sales.
βStock upβ: Ontario premier promises to banish Crown Royal whisky from province
Ontario Premier Doug Ford has threatened to remove Crown Royal whisky from the province, urging rye drinkers to stock up amid a dispute with the spirits maker Diageo plc.