
Consumer Cos Down Ahead of Inflation Data -- Consumer Roundup

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Consumer companies' stocks fell ahead of inflation data. Diageo plans to sell its majority stakes in two Kenyan drinks businesses to Asahi for $2.3 billion. Diageo will sell its 65% share in East African Breweries and 54% in UDVK to Asahi. General Mills' stock rose as price cuts increased demand, despite impacting earnings.

