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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 stake to Castel Group
Guinness Ghana Breweries, in which Diageo has held an 80.4% shareholding, will remain listed on the Ghana Stock Exchange.
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.
Guinness-owners Diageo not planning a sale or spinoff
DRINKS company Diageo refuted rumours that it could sell Guinness or its 34 per cent holding in Moet Hennessy.
Diageo sells Guinness Ghana after denying whole brand for sale
Drinks group Diageo is selling its subsidiary Guinness Ghana Breweries, days after denying reports that it was considering a sale of the entire Guinness brand. The London-listed company said on Monday it was selling its 80 per cent stake in the Ghana subsidiary to French wine group Castel,
Diageo denies reports 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 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 sells 80.4% shares in Guinness Ghana to Castel Group for $81m
The board of directors of Guinness Ghana Breweries PLC has announced that Diageo Holdings Netherlands BV has agreed to sell its entire 80.4% shareholding in the Company to Castel group, in return for cash consideration equal to GH₵5.15 per share in the Company.
Diageo To Sell Shareholding In Guinness Ghana Breweries
Diageo has announced plans to sell 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group for $81 million (€77.7 million).
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
5d
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 ...
The Northern Echo
5d
Diageo considering possible sale of Guinness business – reports
Diageo
is considering spinning off or selling its historic
Guinness
beer business, according to reports. Bloomberg News reported on Friday that the drinks giant is also reviewing the future of its ...
23h
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.
The Mirror
2d
Guinness owner issues huge update on rumours it could sell the business
Guinness
owner has issued an update after rumours that it was looking to sell the brand circulated online. The Irish Stout ...
5d
on MSN
Diageo Weighs Options for Guinness in Portfolio Review
Debra Crew has had a rocky year and a half since taking over as chief executive officer of Diageo Plc. The shares slumped.
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