Diageo Confirms No Plans to Sell Guinness or Moet Hennessy Stake

Reported 1 day ago

Diageo has announced that it has no intention of selling its iconic beer brand Guinness or its stake in Moet Hennessy, following speculation about potential sales. Despite reports suggesting that Guinness could be valued at over $10 billion, the company reaffirmed its commitment to both brands, noting that Guinness has seen consistent growth in sales, even outperforming some of its key spirits labels.

Source: YAHOO

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