American billionaire investor Warren Buffett has a 3% stake in spirits company Allied Domecq, which has appreciated by 60% since May 1999.
Profits and margins are reported to be growing again, but there are "uncertainties" about prospects. The much-larger Diageo û which has just acquired the Seagram's drinks business û is now rated a safer bet for investors.
Sunday Business 01/04/01
page 20
Profits and margins are reported to be growing again, but there are "uncertainties" about prospects. The much-larger Diageo û which has just acquired the Seagram's drinks business û is now rated a safer bet for investors.
Sunday Business 01/04/01
page 20