Diageo to sell Guinness Ghana stake to 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 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.
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 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.
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 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 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 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 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 in focus as Diageo reveals latest trading
Diageo is set to reveal how Guinness and its major spirit brands performed over the key Christmas period, after ruling out ...
Euro Weekly News2d
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.
Beverage4d
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 ...
PA Media on MSN7d
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 ...
Diageo North America to build new $415 million plant in Montgomery, to hire 100
Premium alcohol drink company Diageo North America today announced it will build a $415 million manufacturing and warehousing ...
The Mirror4d
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 ...