Diageo to shed whisky brand to appease U.K. regulators

|About: Diageo plc (DEO)|By:, SA News Editor

Diageo (DEO) says it's willing to sell the rest of its Whyte & Mackay business in order to appease regulators in the U.K.

The company drew the attention after its acquisition of United Spirits gave it a large percentagerof the blended Scotch whisky market.