George Clooney sells his tequila brand for $1 billion
American actor George Clooney on Wednesday sold Casamigos, the tequila brand he Co-founded with businessmen Rande Gerber and Mike Meldman, for $1 billion to British alcoholic beverages company Diageo. The purchase will be Diageo's biggest since its $3.2 billion acquisition of United Spirits in 2014. Clooney along with his partners created Casamigos in 2013.