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Diageo, Guinness
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 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 said to be ‘considering Guinness sale or spin-off’
Global drinks giant Diageo is reportedly considering selling or spinning off its Guinness brand.
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 considerations were reported by Bloomberg News,
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
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.
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,
21h
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 ...
Irish Daily Mirror
21h
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 ...
22h
on MSN
Diageo shares surge amid Guinness sale rumour
Diageo shares have surged to the top of the FTSE 100 after a reported emerged suggesting the company could divest its ...
23h
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 ...
20h
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 ...
23h
on MSN
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 ...
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