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Diageo sells Guinness Ghana
Diageo Sells Off Another Brand to Focus On ‘Effective Portfolio Management’
Diageo announced on Thursday that the spirits behemoth was selling off yet another brand, Cacique Rum, to the French spirits company, Bardinet. The latest move marks a slightly worrying trend for Diageo.
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 Shareholding In Guinness Ghana Breweries
Diageo has announced plans to sell 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group for $81 million (€77.7 million).
Diageo pays Castel Group $81 million for an 80.4% share in Guinness Ghana.
With the announcement that it will sell its 80.4% stake in Guinness Ghana Breweries plc to Castel Group for $81 million, Diageo plc is solidifying its alliance with the French beverage juggernaut throughout Africa.
Diageo to sell Guinness Ghana stake to Castel for $81 million
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. Diageo said that it will retain ownership of the Guinness brand and other Diageo brands produced by Guinness Ghana,
Diageo Doesn't Intend to Sell Guinness, Moet Hennessy Stake
The U.K. spirits maker on Sunday responded to a media report that it could dispose of some of its underperforming labels, including its premiere brand Guinness, as it struggles with cooling demand in China and the U.
Diageo rules out sale of Guinness brand and stake in Moët Hennessy
Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness. View on euronews
1d
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 ...
2h
Park the Guinness debate: getting back to basics will cheer Diageo shareholders
The speculation about Guinness grabbed the headlines – and boosted Diageo’s share price – but other, less eye-catching, moves ...
Euro Weekly News
1d
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.
1d
Top investors question Diageo's growth goals
Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next ...
Drinks
7d
Diageo sells Cacique rum to La Martiniquaise-Bardinet
Diageo has offloaded another spirits brand, selling Cacique rum to La Martiniquaise-Bardinet. Financial terms of the deal ...
11h
on MSN
JPMorgan maintains Neutral Diageo stock with GBp25.00 target
JPMorgan reiterated its Neutral rating on Diageo PLC (LON:DGE:LN) (NYSE: DEO) shares, maintaining a price target of GBp25.00. Currently trading at $120.70 with a market capitalization of $67.13 ...
1d
on MSN
Analysis-Top investors question Diageo's growth goals
Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next ...
23h
Diageo sells Cacique rum to La Martiniquaise
Diageo has disposed of its second rum brand in six months with the sale of Venezuelan brand Cacique to French spirits group ...
Dublin Live on MSN
3d
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 ...
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