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George Clooney's tequila firm Casamigos sells for $1bn

Baku, June 22, AZERTAC

It's celebration time for George Clooney, after the tequila company he co-founded was sold to drinks giant Diageo in a deal worth $1bn (£790m), according to BBC.

The deal comes at a busy time for the Hollywood actor, as his wife Amal gave birth to twins earlier this month. The star founded Casamigos in 2013 with friends Rande Gerber and Mike Meldman. They have said that Casamigos - meaning house of friends - was born from tequila-filled nights, and was at first just for private events. The first-time dad may find that newborns Ella and Alexander impinge on his ability to enjoy tequila-filled nights with friends.

Diageo, a British company, said it plans to expand Casamigos internationally.

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