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Diageo announced the sale of its 80.4% shareholding in Guinness Ghana Breweries to Castel Group, building on its relationship ...
JPMorgan reiterated its Neutral rating on Diageo PLC (LON:DGE:LN) (NYSE: DEO) shares, maintaining a price target of GBp25.00. Currently trading at $120.70 with a market capitalization of $67.13 ...
In a report released today, Simon Hales from Citi maintained a Buy rating on Diageo (DGEAF – Research Report), with a price target of £29.00.
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Diageo PLC closed 18.36% short of its 52-week high of £30.56, which the company reached on February 28th.
Diageo is to sell its stake in the publicly listed Guinness Ghana Breweries to French drinks group Castel for $81m.
Diageo said it would sell its shareholding in Guinness Ghana Breweries for $81 million to beverage company Castel Group, the latest move in a shift of its business model in Africa.