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Diageo sells Guinness Ghana
Diageo sells Guinness Ghana after denying whole brand for sale
Diageo is selling its subsidiary Guinness Ghana Breweries, days after denying reports that it was considering a sale of the entire Guinness brand.
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.
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.
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 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
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 shareholding
As part of the deal, the drinks giant will retain ownership of the Diageo brands that are produced by Guinness Ghana (such as Guinness, Malta, Orijin, Smirnoff Ice and Alvaro), with the rights instead licensed to Guinness Ghana under a new long-term agreement.
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).
Guinness is not for sale, says Diageo
Guinness brand owner Diageo says it has no intention of selling the high-performing stout, quashing rumors in the press over the last few days.
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.
12h
Park the Guinness debate: getting back to basics will cheer Diageo shareholders
The speculation about Guinness grabbed the headlines – and boosted Diageo’s share price – but other, less eye-catching, moves ...
6d
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 Mirror
3d
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 ...
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