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 ...
A shocking shake-up could see Diageo offload its star beer brand--while debt and declining spirits sales mount pressure.
Bloomberg News reported on Friday that the drinks giant is also reviewing the future of its 34% stake in Moet Hennessy.
World's leading spirits maker, Diageo, is considering the sale or spin-off of its successful beer brand, Guinness. This news, supported by reports of evaluating their stake in LVMH's Moet Hennessy, ...
Diageo is considering a spin-off or sale of its beer brand Guinness while reviewing its stake in LVMH's Moet Hennessy. Possible actions include deepening ownership or exiting. LVMH is obligated to buy ...
Record high winds from Storm Eowyn battered Ireland and Northern Ireland on Friday, leaving almost one-third of Irish homes ...
LVMH Moët Hennessy Louis Vuitton CEO Bernard Arnault added around $22.9 billion to his net worth in this year's Bloomberg Billionaires Index.
CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him ...
Diageo (DEO) is already looking to sell Ciroc vodka and could look to dispose of other subscale or underperforming drink labels, Sabah ...
Diageo, the world's top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its ...
Debra Crew has had a rocky year and a half since taking over as chief executive officer of Diageo Plc. The shares slumped.
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