The drinks giant changed tack over the weekend after declining to comment on a report on Friday (24 January) that it was ...
It issued a statement yesterday to end speculation about a possible sell-off of these iconic brands following a report on the ...
Guinness brand owner Diageo says it has no intention of selling the high-performing stout, quashing rumors in the press over ...
Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of ...
The owner of Guinness has denied reports it is exploring an £8bn sale of the brand as the Irish stout enjoys a surge of ...
Diageo is also said to be weighing the sale of Cîroc vodka, while it has sold a series of brands in the past year including ...
A spokesperson for Diageo said it has no intention to sell either the Guinness brand or its stake in Moët Hennessy.
Reports emerged last week that the FTSE 100 firm was considering spinning out the Irish stout maker or selling it off ...
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.
Andrea Pistacchi, an analyst from Bank of America Securities, maintained the Buy rating on Diageo (DGEAF – Research Report). The associated ...
Citing people familiar with the matter, Bloomberg said that Diageo was mulling selling or spinning out Guinness as a standalone company, as well as offloading or increasing its stake in Moët Hennessy.
Diageo is considering spinning off or selling its historic Guinness beer business, according to reports. Bloomberg News ...