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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,

The Grocer · 1d

Diageo said to be ‘considering Guinness sale or spin-off’

Global drinks giant Diageo is reportedly considering selling or spinning off its Guinness brand.

Business Insider · 1d

Diageo reviewing drinks portfolio, possible Guinness spin, Bloomberg says

Diageo (DEO) is already looking to sell Ciroc vodka and could look to dispose of other subscale or underperforming drink labels, Sabah

Bloomberg on MSN · 1d

Diageo Weighs Options for Guinness in Portfolio Review

Diageo Plc is reviewing its portfolio, including Guinness beer and a Champagne and Cognac partnership with LVMH, as Chief Executive Officer Debra Crew seeks to revive growth at the UK drinks company.

Seeking Alpha on MSN · 1d

Diageo gains on report it's reviewing drinks portfolio, Guinness brand

ADRs rose 4% after a report that the company is reviewing its drinks portfolio, including looking at selling off some well-known brands. Diageo is looking at a potential spinoff or sale of Guinness, which may be valued at more than $10 billion,

Diageo's Billion-Dollar Dilemma: Why the Spirits Giant Might Sell Guinness

A shocking shake-up could see Diageo offload its star beer brand--while debt and declining spirits sales mount pressure.

Zacks.com on MSN1d

Diageo Offloads Cacique Rum Brand: What Does This Mean for the Stock?

DEO's strategic shifts with the Cacique sale and productivity initiatives pave the way for future growth and market expansion ...

Diageo rises Friday, outperforms market

Diageo PLC DGE shares rose 4.25% to £25.04 Friday, on what proved to be an all-around rough trading session for the stock ...

Irish Daily Mirror1d

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 ...

devdiscourse1d

Diageo's Strategic Shake-Up: Guinness and Moet Hennessy in the Spotlight

Diageo, renowned for its spirit brands, is contemplating a spin-off or sale of Guinness, aiming to capitalize on its recent growth. Simultaneously, Diageo evaluates its stake in Moet Hennessy within ...

Diageo rises Thursday, still underperforms market

Diageo PLC DGE shares inched up 0.10% to £24.02 Thursday, on what proved to be an all-around great trading session for the ...

Diageo (DGEAF) Gets a Buy from Citi

In a report released today, Simon Hales from Citi reiterated a Buy rating on Diageo (DGEAF – Research Report), with a price target of £29.00.

13d

The Rarest Single Malt Scotch Whisky: Diageo’s 2024 Casks Of Distinction

The centerpiece of the 2024 collection is the Brora 1977 cask, described as "vanishingly rare" and one of the most ...

Diageo silent as Guinness, Moët Hennessy talk boosts shares

Shares in Diageo stood at 2,501.5p, up 4.16% on the day. The positions of the Moët Hennessy stake and of Guinness in the ...

21h

Analysts Offer Insights on Consumer Goods Companies: Essity AB (OtherETTYF) and Diageo (OtherDGEAF)

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Essity AB (ETTYF – Research Report) and ...

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