Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of ...

Diageo is looking to sell Ciroc vodka, once backed by Sean 'Diddy' Combs, and could look to dispose of other underperforming ...

Diageo Plc is reviewing its portfolio, including Guinness beer and a Champagne and Cognac partnership with LVMH, as Chief ...

The strategic review has sparked interest among investors as the company explores various options, such as a potential spinoff or sale of the iconic Guinness brand, which could be valued at over $10 ...

Hennessy is now owed by French luxury goods conglomerate Moet-Hennessy Louis Vuitton. Hennessy is the clear cognac market leader in the category not because of lower prices but rather due to quality, ...

Hennessy is the largest cognac house in the world. Founded by Irish immigrant Richard Hennessy in 1865, Hennessy commands approximately 40% of the world cognac market. Hennessy produces a full range ...

Diageo isn’t alone among distillers in getting hit by a slump in demand, and by a corresponding blow to sales and profit. The ...

A potential spin off or sale of iconic Irish stout Guinness is amongst the range of possibilities being considered by owner ...

Diageo does not intend to sell its beer brand Guinness or its stake in Moet Hennessy, LVMH's drinks unit, the world's top ...

Diageo Plc said it doesn’t plan to sell the Guinness beer brand or its stake in Moet Hennessy, even as pressure grows on the ...

Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.

Diageo (DEO) released a statement saying, “We note the recent media speculation around the Guinness brand and our stake in Moet Hennessy ...