In a report released today, Ed Mundy from Jefferies maintained a Buy rating on Diageo (DGEAF – Research Report), with a price target of £28.00. The company’s shares closed last Friday at $31.27.

LONDON, Jan 28 (Reuters) - Spirits giant Diageo (DGE.L), opens new tab has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on Tuesday, continuing ...

On Friday, Bloomberg News reported that the company was exploring options for Guinness, a star performer in Diageo's portfolio, as well as reviewing its investment in Moet Hennessy. The report ...

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.

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 34% stake in LVMH’s drinks division, Moet Hennessy, is also under review, the people said, asking not to be identified discussing private deliberations.

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. The U.K ...

Bloomberg reported that Diageo is considering the sale of spin-off of its Guinness business (Liam McBurney/PA) Diageo is considering spinning off or selling its historic Guinness beer business ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Diageo is selling its subsidiary Guinness Ghana Breweries, days after denying reports that it was ...

Diageo is considering spinning off or selling its historic Guinness beer business, according to reports. Bloomberg News reported on Friday that the drinks giant is also reviewing the future of its ...

Drinks giant Diageo has denied it is planning to sell off the Guinness brand following speculation it would overhaul its stable of drinks brands. Reports emerged last week that the FTSE 100 firm ...

Diageo has quelled speculation it is planning to sell Guinness. In a statement issued on Sunday (26 January), the London-listed drinks company said it had “no intention” to offload the Irish stout ...