Sean "Diddy" Combs and Diageo have jointly bought luxury US tequila brand DeLeon.
They are hoping to repeat the success that they have had with the company's fast-growing Ciroc vodka, the New York Post reported.
The 44-year-old rapper said that with Ciroc, they dated and now with DeLeon, they are married.
Combs claimed that this deal is way better and it makes him a true owner.
He had become the face of Ciroc in 2007 under a joint marketing and profit sharing deal that has brought a near 40-fold rise in annual sales volumes for the brand's products.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
