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Diageo, Guinness and Moet Hennessy
Diageo says it has no intention to sell Guinness or stake in Moet Hennessy
Diageo 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.
Diageo denies reports that it is considering selling Guinness or its stake in Moët Hennessy
Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.
Diageo Doesn’t Intend to Sell Guinness, Moet Hennessy Stake
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 company to find ways to revive growth.
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 Diageo portfolio have periodically been the subject of market speculation. In December 2023, Axios reported Diageo was seeking to sell a clutch of assets in beer but retain Guinness, its flagship brand in that sector.
Diageo pours cold water on report of Guinness sale
Drinks conglomerate Diageo (NYSE:DEO) denied speculation Sunday that it was looking to shop the Guinness beer brand and possibly jettison its stake in Moet Hennessy. "We note the recent media speculation around the Guinness brand and our stake in Moët Hennessy and we can confirm that we have no intention to sell either,
6h
Diageo does not intend to sell Guinness or its stake in Moet Hennessy
Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of ...
12d
LVMH says 'impossible' to control final sales point after report of champagne shipments to Russia
LVMH said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after ...
23h
Benefit Cosmetics Aims to Reinforce Mascara Dominance With BadGal Bounce Launch
The LVMH Moët Hennessy Louis Vuitton-owned makeup and skin care brand is debuting another mascara, this one focused on volume ...
3d
on MSN
Will LVMH Moët Hennessy – Louis Vuitton, Société Européenne (LVMUY) Benefit From Improvement In The Chinese Domestic Economy?
Montaka Global Investments, an investment management company, released its fourth quarter 2024 investor letter. A copy of the ...
2d
on MSN
Diageo Exploring Potential Spin-Off or Sale of Guinness, Bloomberg News Reports
News about a potential sale of the beer label, a star performer in Diageo's portfolio, helped lift Diageo's shares almost 4% ...
6d
LVMH is once again the largest company in Europe by market cap
The rest of the top ten largest companies in Europe by market cap include ASML ( ASML ), SAP SE ( SAP ), Hermès International ...
2d
A Closer Look at the Novelties of LVMH Watch Week in New York
LVMH Watch Week touched down in New York, further cementing the importance of the American market in the world of luxury ...
Irish Examiner
13h
Diageo has 'no intention' to sell off Guinness or its stake in Moet Hennessy
Diageo is looking to sell Ciroc vodka, once backed by Sean 'Diddy' Combs, and could look to dispose of other underperforming ...
2d
on MSN
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 ...
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