Diageo, Guinness and Castel

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.
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 says it has no intention to sell Guinness or stake in Moet Hennessy
Guinness is an outlier in Diageo's business, which consists mostly of spirits rather than beer, but its performance recently has outshone that of key liquor labels, such as Johnnie Walker whisky.
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 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 rules out sale of Guinness brand amid stout speculation
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,
Diageo pours cold water on report of Guinness sale
Drinks conglomerate Diageo (NYSE:DEO) denied speculation Sunday that it was looking to shop the Guinness beer brand and possibly jettison its stake in Moet Hennessy. "We note the recent media speculation around the Guinness brand and our stake in Moët Hennessy and we can confirm that we have no intention to sell either,
Diageo pours cold water on rumours it will offload Guinness
Reports emerged last week that the FTSE 100 firm was considering spinning out the Irish stout maker or selling it off entirely to boost growth.
Euro Weekly News1d
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.
Irish Mirror on MSN3d
Diageo shuts down rumours it plans to sell off Guinness brand in $10bn deal
Reports of the sell off came at a testing period for Diageo boss Debra Crew, who has seen the company’s shares decline under ...
The Northern Echo5d
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 ...
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The Mirror2d
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 ...
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.