The owner of Guinness is considering an £8bn sale of the brand to cash in on booming demand for the Irish stout ...

Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next ...

Diageo , the world's top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its ...

The CEO is under pressure to revive Diageo’s growth after a rocky start to her tenure. Sales dropped on cooling demand in China and the US, and the owner of Johnnie Walker surprised investors ...

Diageo (DEO) is already looking to sell Ciroc vodka and could look to dispose of other subscale or underperforming drink labels, Sabah ...

ADRs rose 4% after a report that the company is reviewing its drinks portfolio, including looking at selling off some well-known brands.

Andrea Pistacchi, an analyst from Bank of America Securities, maintained the Buy rating on Diageo (DGEAF – Research Report). The associated price target remains the same with p2,800.00.

As well as reviewing Diageo’s drinks portfolio, the pair are said to be considering cutting the group’s growth targets amid cooling demand for spirits in China and the US. Presently, Diageo maintains ...

Diageo plc DEO continues to make strategic moves to enrich customer experiences and drive growth. In line with this strategy, the company has signed and completed the sale of its Cacique rum brand ...

Diageo’s shares spiked to the top of the FTSE ... has also been hit by softening demand in the US and China. It is set to report its fresh results next month, with some analysts expecting ...

Diageo DEO-N, 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 ...

Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness. View on ...