Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on ...

Reports of the sell off came at a testing period for Diageo boss Debra Crew, who has seen the company’s shares decline under ...

It issued a statement yesterday to end speculation about a possible sell-off of these iconic brands following a report on the ...

Bloomberg News reported that the drinks giant was considering spinning off or selling its historic Guinness beer business.

Diageo ( DEO) ADRs rose Friday after Bloomberg reported that the company was looking at a potential spinoff or sale of ...

Diageo said it has no intention to sell its Guinness brand nor its stake in Moet Hennessy. The U.K. spirits maker on Sunday responded to a media report that it could dispose of some of its ...

Diageo isn’t alone among distillers in getting hit by a slump in demand, and by a corresponding blow to sales and profit. The ...

On Friday, Bloomberg News reported that Diageo was mulling a sale of Guinness, as well as its 34% stake in Moet Hennessy, the drinks division of luxury firm LVMH Moet Hennessy Louis Vuitton SE.

DIAGEO is considering spinning off or selling its $10 billion Guinness beer business, according to reports. The bombshell ...

Shares in Diageo soared to the top of the FTSE 100 after a report said it is considering the spin-off or sale of stout brand ...

Diageo has responded to speculation that it is looking to sell its Guinness brand, saying that it is not up for sale.