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Guinness - Foreign owned

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  • 28-09-2009 5:22pm
    #1
    deirdre82
    Closed Accounts Posts: 20 ✭


    As you all may know Guinness is foreign-owned by Diageo. Is anyone pissed off by all the Guinness Irish marketing spoof?

    I know they employ Irish people and contribute taxes and to the profile of Ireland worldwide but to have allowed such a strageic company in Ireland to go into foreign ownership was daft. Just look at Australia - they won't allow a foreign company control more than 15% of a mining company there.


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    #2
    thebman
    Closed Accounts Posts: 10,012 ✭✭✭✭thebman


    To have allowed? What should have been done to stop it. Guinness is a company, they can be bought by whoever has the money TBH.


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    #3
    Dannyboy83
    Registered Users Posts: 4,236 ✭✭✭Dannyboy83


    deirdre82 wrote: »
    As you all may know Guinness is foreign-owned by Diageo. Is anyone pissed off by all the Guinness Irish marketing spoof?

    I know they employ Irish people and contribute taxes and to the profile of Ireland worldwide but to have allowed such a strageic company in Ireland to go into foreign ownership was daft. Just look at Australia - they won't allow a foreign company control more than 15% of a mining company there.

    Perhaps, you can't have more than 15% of a mining company, but is there any such limit on actually purchasing the mine itself?

    David McWilliams latest article seems to suggest otherwise:
    http://www.davidmcwilliams.ie/2009/09/23/chinese-takeaway-is-paid-for-with-american-dollars


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    #4
    eoinbn
    Registered Users Posts: 799 ✭✭✭eoinbn


    Dannyboy83 wrote: »
    Perhaps, you can't have more than 15% of a mining company, but is there any such limit on actually purchasing the mine itself?

    David McWilliams latest article seems to suggest otherwise:
    http://www.davidmcwilliams.ie/2009/09/23/chinese-takeaway-is-paid-for-with-american-dollars

    Afaik it's a proposal not, and not a very popular one even in with aussies.


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