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Diageo, Guinness
Diageo denies reports that 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 pours cold water on report of Guinness sale
Drinks conglomerate Diageo (NYSE:DEO) denied speculation Sunday that it was looking to shop the Guinness beer brand and possibly jettison its stake in Moet Hennessy. "We note the recent media speculation around the Guinness brand and our stake in Moët Hennessy and we can confirm that we have no intention to sell either,
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 Doesn’t Intend to Sell Guinness, Moet Hennessy Stake
Diageo Plc doesn’t plan to sell the Guinness beer brand or its stake in Moet Hennessy, according to a statement Sunday.
Breaking: Diageo says it has ‘no intention’ of selling off Guinness in rare statement
Under pressure drinks giant issued a statement on Sunday in response to Bloomberg report on Friday which was carried worldwide
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 shuts down rumours that it is planning to sell Guinness business
A spokesperson for Diageo said it has no intention to sell either the Guinness brand or its stake in Moët Hennessy.
Diageo silent as Guinness, Moët Hennessy talk boosts shares
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 Diageo portfolio have periodically been the subject of market speculation. In December 2023, Axios reported Diageo was seeking to sell a clutch of assets in beer but retain Guinness, its flagship brand in that sector.
Guinness business is not for sale, Diageo insists after days of speculation
Drinks giant Diageo says its Guinness beer business is not for sale as well as rejecting a report its stake in Moët Hennessy could be sold off.
1d
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.
Zacks.com on MSN
2d
Diageo Offloads Cacique Rum Brand: What Does This Mean for the Stock?
DEO's strategic shifts with the Cacique sale and productivity initiatives pave the way for future growth and market expansion ...
1d
Diageo rises Friday, outperforms market
Diageo PLC DGE shares rose 4.25% to £25.04 Friday, on what proved to be an all-around rough trading session for the stock ...
3d
UBS Remains a Buy on Diageo (DGEAF)
UBS analyst Sanjeet Aujla maintained a Buy rating on Diageo (DGEAF – Research Report) today. The company’s shares closed yesterday at ...
4d
on MSN
After a 3-year 40% fall, can the Diageo share price recover?
After rising above 4,000p in 2021, the Diageo share price has tanked. Is a rebound on the cards, or is it game over for the ...
4d
Diageo falls Tuesday, underperforms market
Diageo PLC DGE shares inched down 0.35% to £24.30 Tuesday, on what proved to be an all-around great trading session for the ...
6d
Carnegie Investment Counsel Sells 391 Shares of Diageo plc (NYSE:DEO)
Carnegie Investment Counsel lessened its stake in shares of Diageo plc (NYSE:DEO – Free Report) by 18.8% during the fourth ...
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