Diageo, the spirits maker behind global brands like Johnnie Walker and Tanqueray, announced Tuesday that it is adjusting its strategies due to the ongoing uncertainty surrounding US tariffs. CEO Debra ...
Analysis of Diageo plc's sales growth in various regions, investor concerns, and share price slump, suggesting a buying opportunity. Click for more on DEO earnings.
Now there is speculation that the Irish stout may be going out of stock in another way — through parent Diageo Plc selling ... Hennessy from luxury giant LVMH Moet Hennessy Louis Vuitton SE.
Diageo has owned a 34% stake in Moët Hennessy, the drinks division of luxury-goods group LVMH, since 1994. Bloomberg’s sources said Diageo could look to up its shareholding or leave the venture. The ...
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(Reuters) - 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 ...
Citing people familiar with the matter, Bloomberg also said Diageo (DEO) is also looking at its 34% stake in LVMH's (OTCPK:LVMHF) drinks division, Moet Hennessy, saying it may consider increasing ...
Diageo could look to deepen its ownership in the venture, or exit altogether. If it wanted to sell the stake, LVMH has an obligation to buy it, albeit at a 20 per cent discount to its fair value ...
Diageo’s 34% stake in LVMH’s drinks division, Moet Hennessy, is also under review, the people said, asking not to be identified discussing private deliberations.
Stock market-listed Diageo is also reviewing its stake in LVMH's drinks unit, Moet Hennessy, Bloomberg News reported on Friday, citing people familiar with the matter. Guinness would likely be val ...
Diageo declined to comment on market speculation; LVMH declined to comment. Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance ...