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 ...
(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 ...
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.
(Reuters) - 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. On Friday, Bloomberg News ...
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.
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 ...
Guinness owner Diageo has ditched its medium-term guidance as it warned US tariff measures could stymie a recovery in demand.
Reports emerged last week that the FTSE 100 firm was considering spinning out the Irish stout maker or selling it off entirely to boost growth.
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 ...