The news Diageo is to buy Philippines-based dark rum brand Don Papa was met with positive noises by industry insiders this week. Diageo’s acquisition of Don Papa will complement the spirits giant’s ...

Diageo has moved to bolster its premium rum offering with the acquisition of Don Papa for an initial EUR260m (US$282m). The deal to purchase the dark rum from the Philippines could end up costing the ...

Diageo PLCDGE-0.68%decrease; red down pointing triangle has agreed to buy Don Papa Rum, a high-end dark rum from the Philippines, in a deal worth up to about $473 million, as the liquor giant bids to ...

NEW YORK, Feb 23 (Reuters) - Diageo PLC accused rival Bacardi Ltd of trying to drive its Captain Morgan rum production out of the United States in order to protect its own substantial rum subsidies ...

Rum is in the midst of a misidentity crisis. To most Americans, mentioning the category still conjures colonial notions of pirates, pina coladas, painkillers, and similar sugary, boozed-up tropical ...

As we mentioned in our article – 20 Countries that Export the Most Rum in the World – the global rum market was estimated at $17.4 billion in 2023 and is expected to reach $24.5 billion by 2033, with ...

In a Feb. 16 letter sent to Senate Majority Leader Harry Reid (D-Nev.), the Black Chamber — along with the Florida Black Chamber of Commerce — said the partnerships formed between brand-name liquor ...

In this article, we are going to discuss the no. 1 rum for beginners in 2024. If you want more options to take your first steps into the alluring world of rum, check out our full list of the 15 Best ...

When you buy a bottle of rum in the United States, there's a federal tax. All told, it adds up to more than $700 million a year. Now, most of that money goes to a special program to support Puerto ...

NEW YORK (Reuters) - Diageo PLC accused rival Bacardi Ltd of trying to drive its Captain Morgan rum production out of the United States in order to protect its own substantial rum subsidies from the ...