The drinks giant changed tack over the weekend after declining to comment on a report on Friday (24 January) that it was ...
Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.
Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently ...
Diageo Plc said it doesn’t plan to sell the Guinness beer brand or its stake in Moet Hennessy, even as pressure grows on the ...
Shares in Diageo stood at 2,501.5p, up 4.16% on the day. The positions of the Moët Hennessy stake and of Guinness in the ...
The drinks company has long coveted LVMH’s wine and spirits division. But that might not be worth selling off Britain’s most ...
Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of ...
Diageo (DEO) released a statement saying, “We note the recent media speculation around the Guinness brand and our stake in Moet Hennessy ...
Diageo ( DEO) ADRs rose Friday after Bloomberg reported that the company was looking at a potential spinoff or sale of ...
Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness.View on ...
Drinks maker Diageo said on Sunday that it has no intention to sell its Guinness brand or its stake in Moët Hennessy.