Diageo to sell Guinness Ghana stake to Castel

Alcohol Giant Diageo Sells Majority Stake In Guinness Ghana For $81 Million
Diageo is selling its 80.4% stake in Guinness Ghana Breweries to Castel Group, enhancing their African partnership. While the sale moves forward, Diageo retains ownership of the Guinness brand and other products.
Diageo to sell Guinness Ghana stake to Castel for $81 mln
Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on Tuesday, continuing to refine its operating model in Africa.
Billionaire Castel to Acquire Diageo’s Unit And Expand in Ghana
Castel Group has agreed to acquire Diageo Plc’s stake in its Ghana unit and expand in the West African nation that’s just recovering from a debt crisis.
Diageo sells Guinness Ghana stake to Castel Group
Guinness Ghana Breweries, in which Diageo has held an 80.4% shareholding, will remain listed on the Ghana Stock Exchange.
Diageo sells Guinness Ghana after denying whole brand for sale
Diageo is selling its subsidiary Guinness Ghana Breweries, days after denying reports that it was considering a sale of the entire Guinness brand.
Diageo sells 80.4% shares in Guinness Ghana to Castel Group for $81m
The board of directors of Guinness Ghana Breweries PLC has announced that Diageo Holdings Netherlands BV has agreed to sell its entire 80.4% shareholding in the Company to Castel group, in return for cash consideration equal to 5.15 Ghanaian Cedis per share in the Company
Diageo denies speculation swirling around Guinness, Moët Hennessy
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.
Diageo pays Castel Group $81 million for an 80.4% share in Guinness Ghana.
With the announcement that it will sell its 80.4% stake in Guinness Ghana Breweries plc to Castel Group for $81 million, Diageo plc is solidifying its alliance with the French beverage juggernaut throughout Africa.
Diageo sells Guinness Ghana amid speculation around the wider beer brand
Diageo has agreed to sell its 80.4pc stake in Guinness Ghana to Castel Group for $81m, the drinks giant said on Tuesday.The sale to the French-headquartered wine and beer giant follows the sale of the former majority stakes in Guinness Nigeria and Guinness Cameroon in 2024 and 2022 respectively.
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