The owner of Guinness is considering an £8bn sale of the brand to cash in on booming demand for the Irish stout.
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The drinks giant changed tack over the weekend after declining to comment on a report on Friday (24 January) that it was mulling a potential sale of Guinness.
spin off Diageo shares rise, some sources sceptical News about a potential sale of the beer label, a star performer in Diageo's portfolio, helped lift Diageo's shares almost 4% higher, becoming ...
Diageo (DEO) is already looking to sell Ciroc vodka and could look to dispose of other subscale or underperforming drink labels, Sabah Meddings, Ruth David and Dinesh Nair of Bloomberg report ...
Diageo withdrew its medium-term organic sales growth target as the world's top spirits maker took steps to try and mitigate ...
(Reuters) - Warren Buffett's Berkshire Hathaway (NYSE: BRKa) on Friday disclosed a new investment in alcoholic beverages ...
Diageo reports a return to growth in its fiscal 25 first half year results this morning, despite a challenging environment ...
France’s Castel, the beer sector leader in francophone Africa, has acquired Diageo’s 80.4% stake in Guinness Ghana. This expansion into anglophone territory consolidates Castel’s presence on the ...
The spirits maker said U.S. trade tariffs could derail its recovery as it withdrew its target of organic net sales growth ...
Kepler Capital analyst Richard Withagen maintained a Buy rating on Diageo (DGEAF – Research Report) on February 4 and set a price target of p3,150.00. The company’s shares closed yesterday at ...
Drinks giant Diageo has denied reports that it is considering selling Guinness or its stake in Moët Hennessy. In a statement on Sunday, the company responded to "recent media speculation" and ...