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,
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
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 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,
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.
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 ...
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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 silent as Guinness, Moët Hennessy talk boosts shares
Diageo has unsurprisingly refused to be drawn on a Bloomberg report that the company is reviewing its stake in Moët Hennessy ...
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 and Heineken go head to head as Guinness shortage gives 600% boost to rival stout Murphy’s
These outstanding sales figures go to show demand for stout among U.K. pub-goers is in no way slowing down," a Murphy's ...
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 ...
Diageo plc (NYSE:DEO) Receives Average Recommendation of “Hold” from Brokerages
Shares of Diageo plc (NYSE:DEO – Get Free Report) have received a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, MarketBeat.com reports. One ...
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 ...