Diageo has responded to rumours that it is looking to sell its Guinness brand, stating that “no intention to sell”.
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On Friday, Bloomberg News reported that Diageo was mulling a sale of Guinness, as well as its 34% stake in Moet Hennessy, the drinks division of luxury firm LVMH Moet Hennessy Louis Vuitton SE.
Diageo said it has no intention to sell its Guinness brand nor its stake in Moet Hennessy. The U.K. spirits maker on Sunday responded to a media report that it could dispose of some of its ...
Drinks maker Diageo said on Sunday that it has no intention to sell its Guinness brand or its stake in Moët Hennessy.
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Diageo (DEO) released a statement saying, “We note the recent media speculation around the Guinness brand and our stake in Moet Hennessy ...
Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.