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Guinness is to shed about 100 jobs at its Park Royal brewery in west London, as part of a strategic review of the site. 19-Apr-2000 Guinness is to set up a new global headquarters at Park Royal in London, as part of a £250m joint venture with London & Regional Properties. 29-Nov-1999 ITV has agreed a £4m deal with Guinness for the sponsorship of TV coverage for this year's Rugby World Cup. 17-Feb-1999 Guinness is linking up with Castel of France and the Commonwealth Development Corporation to buy the Reunidas brewery in Mozambique for $8m. 06-Oct-1998 Guinness has awarded Al Ahram Beverages of Egypt a licence to produce both alcoholic and non-alcoholic beers for the Middle East market. 15-May-1998 Guinness Brewing is planning a £350m redevelopment of its Park Royal Estate site in north-west London, which will involve the construction of a new headquarters and the creation of a business park. 08-Jan-1998 Grand Metropolitan and Guinness have received US approval for their £24bn merger, provided that they sell the worldwide rights to Dewar's whisky and Bombay gin. 16-Dec-1997 Guinness and Grand Metropolitan are thought to have reached agreement with the US Federal Trade Commission to sell two spirits brands in order to clear the way for their merger. 04-Dec-1997 Guinness and Grand Metropolitan will be known as Diageo after their £24bn merger, having decided against the use of the GMG Brands name. 30-Oct-1997 Guinness and Grand Metropolitan have received European Commission approval for their planned £24bn merger, on the condition that they sell their Dewar's and Ainslie's whisky brands in Europe and make some changes to their distribution agreements. 16-Oct-1997 The £24bn merger between Guinness and Grand Metropolitan is now expected to go-ahead early next year, as LVMH has dropped its objection following the offer of a £250m cash sweetener. 14-Oct-1997 LVMH of France has increased its stake in Grand Metropolitan from 0.3% to 6.29% at a cost of £792m, and as it also owns a 14% stake in Guinness it could lead to a merger of the three companies' drinks interests. 20-Jun-1997 Guinness Ireland has acquired a 27.8% stake in United Beverages Holdings from James Crean for £11.8m. 06-Jun-1997 Grand Metropolitan and Guinness are planning to merge to create the largest spirits and wine group in the world, which will be called GMG Brands and valued at £24bn. 13-May-1997 United Distillers, the spirits division of Guinness, is setting up a joint venture company in Poland with Alko of Finland, called United Distillers Finlandia Group. 09-May-1997 Guinness has bought back about 5% of its shares for £460m but has denied this will affect its ability to make acquisitions. 23-Mar-1996 Guinness is in discussions with the Yibin Wuliangye Distillery in China over the setting up of a whisky-making venture in China. 01-Mar-1996
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