Diageo has agreed to sell its 80.4pc stake in Guinness Ghana to Castel Group for $81m, the drinks giant said on Tuesday. The sale to the French-headquartered wine and beer giant follows the sale ...

Diageo said it was pursuing an "asset-light" beer operating model that could adapt to local conditions. The company denied reports last week that it was looking to sell the Guinness brand.

Guinness and Oando stocks have been the talk of the Nigerian Exchange, recording impressive gains that have caught the attention of investors. But what’s driving this momentum? Is it strong earnings, ...

Diageo is to sell its stake in the publicly listed Guinness Ghana Breweries to French drinks group Castel for $81m. Guinness Ghana Breweries, in which Diageo has held an 80.4% shareholding, will ...

Guinness Ghana Breweries, which was established in 1991, is currently the 11th most valuable stock on the GSE, with a market capitalization of GH₵1.69 billion. It is currently trading at a price ...

Although, it had been noted that Guinness was an outlier in Diageo's business portfolio, which consists mostly of spirits rather than beer. Diageo owns more than 200 brands, including Johnnie ...

UK drinks company Diageo has denied that it is considering a sale of its Guinness brand, along with a 34% stake in the champagne and cognac business, Moët Hennessy. In a statement released on ...

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 has said. On Friday, Bloomberg News reported that the ...

There is an art to creating the perfect sausage roll and it’s one we have been perfecting for decades. “It’s great to see the Northern Ireland food sector being showcased and we’re proud ...

The news agency said the company was looking at the idea of listing or selling its Guinness beer unit, and mulling whether to increase its holding in Moët Hennessy or exit the business. Diageo has ...

Diageo 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. The UK distiller said it was ...

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