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Diageo considering possible sale of Guinness business
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,
Guinness's Future at Diageo: Sale or Spin-off?
World's leading spirits maker, Diageo, is considering the sale or spin-off of its successful beer brand, Guinness. This news, supported by reports of evaluating their stake in LVMH's Moet Hennessy, comes despite strong sales performance by Guinness and skepticism from analysts about a potential sale.
Diageo considering possible sale of Guinness business, according to reports
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 34 per cent stake in Moet Hennessy,
Diageo weighs Guinness sale amid drinks brands review
Diageo isn’t alone among distillers in getting hit by a slump in demand, and by a corresponding blow to sales and profit. The shares of rivals such as Pernod Ricard, owner of Jameson Whiskey, Absolut vodka and Beefeater gin, and Cognac producer Remy Cointreau have fallen even further as the pandemic-era boom fizzled out.
Diageo plots £8bn sale of Guinness
Guinness could be sold for £8bn as parent company Diageo considers cashing in on booming demand for the Irish stout...
Diageo said to be ‘considering Guinness sale or spin-off’
Global drinks giant Diageo is reportedly considering selling or spinning off its Guinness brand.
Diageo exploring potential spin-off or sale of beer brand 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 stock jumps on possible Guinness sale
Plc climbed 4% Friday following reports from Bloomberg News it is reviewing a possible sale of its drinks portfolio, including Guinness beer and a partnership with LVMH in the Champagne and Cognac categories.
18h
Guinness owners considering shock sale of €9.5bn brand just days after pint price hike move here amid shares decline
DIAGEO is considering spinning off or selling its $10 billion Guinness beer business, according to reports. The bombshell ...
devdiscourse
20h
Diageo Weighs Future of Iconic Guinness Brand
Diageo, a leading spirits company, is contemplating the spin-off or sale of its Guinness beer brand. The company is also reviewing its involvement in LVMH's drinks unit, Moet Hennessy. These strategic ...
Drinks
17h
Diageo silent as Guinness, Moët Hennessy talk boosts shares
Diageo has refused to be drawn on a report that the company is reviewing its stake in Moët Hennessy and the future of beer ...
18h
Cheltenham Festival at risk of Guinness shortage as Diageo consider £8bn sale
According to Bloomberg, Diageo are considering cashing in on Guinness’ booming popularity. Selling the brand could land ...
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