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Diageo sells Guinness Ghana
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 Tuesday, continuing to refine its operating model in Africa.
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.
Billionaire Castel to Acquire Diageo’s Unit And Expand in Ghana
Castel Group has agreed to acquire Diageo Plc’s stake in its Ghana unit and expand in the West African nation that’s just recovering from a debt crisis.
Alcohol Giant Diageo Sells Majority Stake In Guinness Ghana For $81 Million
Diageo is selling its 80.4% stake in Guinness Ghana Breweries to Castel Group, enhancing their African partnership. While the sale moves forward, Diageo retains ownership of the Guinness brand and other products.
Diageo denies speculation swirling around Guinness, Moët Hennessy
The drinks giant changed tack over the weekend after declining to comment on a report on Friday (24 January) that it was mulling a potential sale of Guinness.
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
Diageo sells Guinness Ghana stake to Castel Group
Guinness Ghana Breweries, in which Diageo has held an 80.4% shareholding, will remain listed on the Ghana Stock Exchange.
15h
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 ...
5h
Diageo: An Incredibly Compelling Combination Of Growth, Cash Flow, And Yield
This quarter, some exciting opportunities presented themselves and Diageo was one. Click here for our DEO stock investment thesis.
1d
Diageo rises Tuesday, still underperforms market
Diageo PLC closed 18.36% short of its 52-week high of £30.56, which the company reached on February 28th.
13h
Citi Reaffirms Their Buy Rating on Diageo (DGEAF)
In a report released today, Simon Hales from Citi maintained a Buy rating on Diageo (DGEAF – Research Report), with a price target of £29.00.
Exchange 4 Media
3h
Diageo India wins 'Marketing Team of the Year' title at IMA 2024
The big awards of the night were given to Diageo India and CK Venkataraman. While Diageo India took home the ‘Marketing Team ...
5h
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 ...
2d
Diageo (DGEAF) Receives a Buy from Jefferies
In a report released today, Ed Mundy from Jefferies maintained a Buy rating on Diageo (DGEAF – Research Report), with a price target of £28.00.
Exchange 4 Media
3h
IMA 2024: Diageo India takes home ‘Marketing Team of the Year’ title
C K Venkataraman, Managing Director, Titan Company Ltd. was honoured with Lifetime Achievement Award at e4m Indian Marketing ...
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Guinness
Trade
LVMH
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Castel Group
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