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Diageo sells Guinness Ghana
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 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 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 To Sell Shareholding In Guinness Ghana Breweries
Diageo has announced plans to sell 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group for $81 million (€77.7 million).
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.
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. The London-listed drinks company on Tuesday said it was selling its 80 per cent stake in the Ghana subsidiary to French wine group Castel,
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