A shocking shake-up could see Diageo offload its star beer brand--while debt and declining spirits sales mount pressure.
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 ...
LVMH billionaire Bernard Arnault and his heirs attended Donald Trump's inauguration in Washington for a very specific reason.
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 spinning off or selling its $10 billion Guinness beer business, according to reports. The bombshell ...
S&P Global's flash composite purchasing managers' index fell to 52.4 points in January, from December's final tally of 55.4. The reading, closer to the 50.0 mark which separates growth from decline, ...
LVMH Moët Hennessy Louis Vuitton CEO Bernard Arnault added around $22.9 billion to his net worth in this year's Bloomberg Billionaires Index.
(Alliance News) - Diageo PLC is considering spinning off or selling its historic Guinness beer business, according to a Bloomberg report. Bloomberg News reported on Friday that the drinks firm is also ...
Bloomberg News reported on Friday that the drinks giant is also reviewing the future of its 34 stake in Moet Hennessy.
Diageo, renowned for its spirit brands, is contemplating a spin-off or sale of Guinness, aiming to capitalize on its recent growth. Simultaneously, Diageo evaluates its stake in Moet Hennessy within ...
Diageo Plc is reviewing its portfolio, including Guinness beer and a Champagne and Cognac partnership with LVMH, as Chief ...
Diageo, the world's top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its ...