Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on ...

Diageo is selling its subsidiary Guinness Ghana Breweries, days after denying reports that it was considering a sale of the ...

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

Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on ...

Guinness Ghana Breweries, in which Diageo has held an 80.4% shareholding, will remain listed on the Ghana Stock Exchange.

Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently ...

Diageo ( DEO) ADRs rose Friday after Bloomberg reported that the company was looking at a potential spinoff or sale of ...

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 ...

The drinks company has long coveted LVMH’s wine and spirits division. But that might not be worth selling off Britain’s most ...

Guinness has proven to be a golden goose for Diageo in recent years. Last July, the company said strong sales of Guinness, ...

The speculation about Guinness grabbed the headlines – and boosted Diageo’s share price – but other, less eye-catching, moves ...

Diageo is selling its 80.4% stake in Guinness Ghana Breweries to Castel Group, enhancing their African partnership. While the ...