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 has disposed of its second rum brand in six months with the sale of Venezuelan brand Cacique to French spirits group ...
If Diageo drew its family tree, its roots would go all the way to the 17th century, further back than many New World countries like the U.S. or Canada. Since then, its brands have become an ...
Diageo isn’t alone among distillers in getting hit by a slump in demand, and by a corresponding blow to sales and profit. The ...
Diageo ( DEO) ADRs rose Friday after Bloomberg reported that the company was looking at a potential spinoff or sale of ...
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 is considering spinning off or selling its $10 billion Guinness beer business, according to reports. The bombshell ...
In November, Diageo shares hit their lowest level since 2017. The company has already reportedly looked at the potential sale of its Pimms liqueur and Ciroc vodka brands over the past year.
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.