DGE.L is trading at $1,572.50, up 0.80% today, following news that the company has agreed to sell its bottling plant in southern Ontario.
- The sale agreement comes after the plant was put up for sale following its announced closure, which cut around 200 jobs.
- Diageo previously faced controversy and threats from Ontario Premier Doug Ford regarding the plant's closure.
- This development provides a specific company catalyst, contrasting with recent volatility and a lack of fresh company-specific news.