Diageo rules out sale of Guinness brand amid stout speculation

Diageo rules out sale of Guinness brand amid stout speculation

Diageo, Food & drink industry, Beer, Food, Business Business | The Guardian

​Drinks company also denies it plans to dispose of 34% stake in champagne and cognac business Moët Hennessy Diageo has ruled out a sale of its famous Guinness brand, quashing speculation that the drinks giant was looking to cash-in on runaway demand demand for the fashionable Irish stout.The FTSE 100 company issued a statement on Sunday, denying that Guinness was up for sale or that a disposal of its 34% stake in the champagne and cognac business Moët Hennessy was on the cards. Continue reading… 

Drinks company also denies it plans to dispose of 34% stake in champagne and cognac business Moët Hennessy

Diageo has ruled out a sale of its famous Guinness brand, quashing speculation that the drinks giant was looking to cash-in on runaway demand demand for the fashionable Irish stout.

The FTSE 100 company issued a statement on Sunday, denying that Guinness was up for sale or that a disposal of its 34% stake in the champagne and cognac business Moët Hennessy was on the cards.

Continue reading… 

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