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Diageo, Guinness
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.
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.
Guinness-owners Diageo not planning a sale or spinoff
DRINKS company Diageo refuted rumours that it could sell Guinness or its 34 per cent holding in Moet Hennessy.
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 denies reports it is considering selling Guinness or its stake in Moët Hennessy
Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.
Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently has outshone that of key liquor labels, such as Johnnie Walker whisky.
Diageo sells Guinness Ghana stake to Castel Group
Guinness Ghana Breweries, in which Diageo has held an 80.4% shareholding, will remain listed on the Ghana Stock Exchange.
Guinness is not for sale, says Diageo
Guinness brand owner Diageo says it has no intention of selling the high-performing stout, quashing rumors in the press over the last few days.
Guinness owner Diageo rubbishes reports saying iconic stout brand is to be sold
It issued a statement yesterday to end speculation about a possible sell-off of these iconic brands following a report on the Bloomberg business newswire service
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 rules out sale of Guinness brand amid stout speculation
Diageo has ruled out a sale of its famous Guinness brand, quashing speculation that the drinks giant was looking to cash-in on runaway demand demand for the fashionable Irish stout. The FTSE 100 company issued a statement on Sunday,
5h
Diageo: An Incredibly Compelling Combination Of Growth, Cash Flow, And Yield
This quarter, some exciting opportunities presented themselves and Diageo was one. Click here for our DEO stock investment thesis.
Bournemouth Daily Echo
5d
Diageo considering possible sale of Guinness business – 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 ...
The Mirror
2d
Guinness owner issues huge update on rumours it could sell the business
Guinness
owner has issued an update after rumours that it was looking to sell the brand circulated online. The Irish Stout ...
5d
on MSN
Diageo Weighs Options for Guinness in Portfolio Review
Debra Crew has had a rocky year and a half since taking over as chief executive officer of Diageo Plc. The shares slumped.
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