isnarain
Long

Insider News: Diageo Circling GTEC Holdings

TSXV:GTEC   GTEC HOLDINGS LTD
We have insider Information that Diageo is indeed in talks with Gtec Holdings . Former Global GM of Diageo plc . Mr.Lawrence law is in direct talks with Diageo to merge operations for their premium branding division. This merger, (when announced) will have a multiple effect on shares for GTEC Holdings . Our current price target for GTEC holdings stands at 6.50$ per share.
Direct talks? Would this merger make any sense for Diageo at this stage that GTEC is currently at? Scale of one to ten how reliable is this insider source?
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isnarain enLitened
@enLitened, 10/10 for direct talks. Unsure about the likelihood of a deal breaking, but its plausible for a division of Diageo plc.
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enLitened isnarain
@isnarain, now you say that there are insider reports of Aphria deal with Diageo... would be a much more plausible play.
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isnarain enLitened
@enLitened, Insider reporting from GTEC was from an outside source. Aphria is from Corporate. I believe there was discussion from GTEC with Diageo. But, Aphria corporate is finalizing a deal.
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