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Diageo, Guinness
Diageo denies reports it is considering selling Guinness or its stake in Moët Hennessy
Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.
Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
Diageo does not intend to sell its beer brand Guinness or its stake in Moet Hennessy, LVMH's drinks unit, the world's top spirits makers said on Sunday.
Diageo denies reports it is planning to sell Guinness
The owner of Guinness has denied reports it is exploring an £8bn sale of the brand as the Irish stout enjoys a surge of popularity.
Diageo Doesn’t Intend to Sell Guinness, Moet Hennessy Stake
Diageo Plc said it doesn’t plan to sell the Guinness beer brand or its stake in Moet Hennessy, even as pressure grows on the company to find ways to revive growth.
Diageo exploring potential spin-off or sale of Guinness, Bloomberg News reports
Diageo, the world's top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its stake in LVMH's drinks unit, Moet Hennessy, Bloomberg News reported on Friday,
Diageo says no plans to sell Guinness or Moët Hennessy stake
In response to recent speculation, Diageo (LON: DGE ), the global leader in beverage alcohol, has made a statement regarding its ownership of the iconic Guinness brand and its stake in Moët Hennessy. The company confirmed that it has no intention to sell either asset, dispelling rumors that had been circulating in the media.
Guinness sale rumours denied by Diageo
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 Guinness Nigeria, Safari and Cacique. The firm was also forced to abandon its efforts to sell Pimm’s after a deal failed to materialise.
Diageo denies report it plans to sell Guinness and stake in Moet
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 rules out sale of Guinness brand amid stout speculation
Diageo has ruled out a sale of its famous Guinness brand, quashing speculation that the drinks giant was looking to cash-in on runaway demand demand for the fashionable Irish stout. The FTSE 100 company issued a statement on Sunday,
Diageo says it has ‘no intention’ to sell Guinness following reports it was considering the move
Bloomberg News reported that the drinks giant was considering spinning off or selling its historic Guinness beer business.
2h
Diageo falls Monday, underperforms market
Diageo PLC DGE shares inched down 0.40% to £24.94 Monday, on what proved to be an all-around great trading session for the ...
8h
Diageo (DGEAF) Receives a Buy from Jefferies
In a report released today, Ed Mundy from Jefferies maintained a Buy rating on Diageo (DGEAF – Research Report), with a price target of £28.00.
Beverage
8h
Guinness is not for sale, says Diageo
Guinness brand owner Diageo says it has no intention of selling the high-performing stout, quashing rumors in the press over ...
3d
on MSN
Diageo Weighs Options for Guinness in Portfolio Review
Debra Crew has had a rocky year and a half since taking over as chief executive officer of Diageo Plc. The shares slumped.
7h
Diageo’s Strategic Asset Management and Growth Opportunities Support Buy Rating
Andrea Pistacchi, an analyst from Bank of America Securities, maintained the Buy rating on Diageo (DGEAF – Research Report). The associated ...
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