Click here to view corporate actionBy InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s top brewer, Guinness Nigeria Plc said on Wednesday it has acquired the rights to distribute McDowell’s’, a mainstream spirits brand of United Spirits Limited (USL) in Nigeria.

Guinness in an issuer’s announcement with the Nigerian Stock Exchange (NSE) said USL is an Indian mainstream spirits business which is also a subsidiary of Diageo Plc.

“This transaction will become effective on February 1, 2016,” the beermaker added.