Diageo considering possible sale of Guinness business – reports
Bloomberg News reported on Friday that the drinks giant is also reviewing the future of its 34% stake in Moet Hennessy.
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.
PRESS: Diageo mulls possible sale of Guinness business – Bloomberg
(Alliance News) - Diageo PLC is considering spinning off or selling its historic Guinness beer business, according to a Bloomberg report. Bloomberg News reported on Friday that the drinks firm is also reviewing the future of its 34% stake in Moet Hennessy, the drinks division of luxury firm LVMH Moet Hennessy Louis Vuitton SE.
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 Weighs Guinness Spin-Off Amid Moet Hennessy Review
Diageo is considering a spin-off or sale of its beer brand Guinness while reviewing its stake in LVMH's Moet Hennessy. Possible actions include deepening ownership or exiting. LVMH is obligated to buy Diageo’s stake at a discount if sold.
Diageo possibly exploring sale or sell-off of Guinness brand
Diageo could be planning to sell the Guinness brand according to reports. The stout, which is made in Dublin, is understood to be worth above $10 billion according to Bloomberg. Diageo are understood to be looking at establishing a spin-off or complete sale of Guinness.
Diageo silent as Guinness, Moët Hennessy talk boosts shares
Shares in Diageo stood at 2,501.5p, up 4.16% on the day. The positions of the Moët Hennessy stake and of Guinness in the ...
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LVMH Moet Hennessy Louis Vuitton (0HAU) Receives a Hold from UBS
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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.
Last Year's Biggest Billionaire Loser Is Currently 2025's Biggest Winner
LVMH Moët Hennessy Louis Vuitton CEO Bernard Arnault added around $22.9 billion to his net worth in this year's Bloomberg ...