Diageo's Billion-Dollar Dilemma: Why the Spirits Giant Might Sell …
2 days ago · A shocking shake-up could see Diageo offload its star beer brand--while debt and declining spirits sales mount pressure. ... Investors cheered the news, sending shares up 6.8% in Friday's ...
Diageo Exploring Potential Spin-Off or Sale of Guinness, Bloomberg News …
3 days ago · News about a potential sale of the beer label, a star performer in Diageo's portfolio, helped lift Diageo's shares almost 4% higher, becoming the top percentage gainer on the blue-chip index.
Diageo exploring potential spin-off or sale of Guinness, Bloomberg News …
2 days ago · 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 ...
Diageo Weighs Options for Guinness in Portfolio Review - Bloomberg.com
2 days ago · 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 weighs Guinness sale amid drinks brands review
2 days ago · Diageo’s company’s share price has fallen 27 per cent since Debra Crew took over as chief executive a year and half ago, and the group’s sales have dropped on cooling demand in China and the ...
Diageo ‘considering Guinness sale or spin-off’ | The Grocer
2 days ago · Late last year, Diageo was forced to limit supplies to both the on- and off-trade in the hopes of avoiding a Christmas shortage of the stout. In order to meet rising demand, Diageo is currently building a new €200m (£160m) carbon neutral brewery for Guinness in Kildare.
Diageo plots £8bn sale of Guinness - Yahoo Finance
2 days ago · FTSE 100 member Diageo is reportedly examining plans to spin off the brand while retaining a stake, or to sell it off completely. Selling the famed brand could net Diageo north of £8bn, according ...
Diageo says it has no intention to sell Guinness or stake in Moet ...
21 hours ago · (Reuters) - Diageo (LON:DGE) does not intend to sell its beer brand Guinness or its stake in Moet Hennessy, LVMH's drinks unit, the world's top spirits makers said on Sunday. On Friday, Bloomberg ...
Trading commentary ahead of AGM 2024 | Diageo
Sep 26, 2024 · The global environment remains challenging for both our industry and Diageo. While consumers continue to be cautious in this environment, we are focused on strengthening the resilience of our business through operational excellence, productivity and strategic investments to win quality market share.
Diageo Offloads Cacique Rum Brand: What Does This Mean for …
2 days ago · Shares of Diageo reflected momentum following the news. Notably, the company’s shares opened the pre-market trading session today with an increase of 1.8%. More About Diageo Stock.
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