Diageo down on reports of no interest from 3G

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Sharecast News | 25 Jun, 2015

Updated : 15:04

Shares in drinks group Diageo fell 2.2% on Thursday after CNBC anchor David Faber said on his TV show that private equity firm 3G had categorically no interest in the company.

Earlier this month, Brazilian weekly news magazine Veja reported that 3G, which was founded by Jorge Paulo Lemann was mulling a bid for the company.

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