Bloomberg reported on Friday that Diageo was reviewing its portfolio and weighing up spinning off or selling Guinness.
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Diageo denies speculation swirling around Guinness, Moët HennessyDiageo’s share price retreated in London today (27 January) as the drinks giant denied market speculation swirling around Guinness and Moët Hennessy. After initially declining to comment on ...
Moët Hennessy. Despite a swift denial by Diageo last Sunday — and its subsequent confirmation of the $81mn sale of its Guinness breweries business in Ghana — the uptick was a sign that ...
Investor discussions are intensifying around splitting up LVMH Moet Hennessy Louis Vuitton SE. Separating Moet Hennessy and ...
In particular, reference is made to the negative performance of Moët Hennessy, the beverage division of the French group LVMH. Diageo owns 34% of it but has decided not to sell its shares despite ...
We are still positive about Diageo. Positive price MIX evolution ... of major assets like the Guinness brand and the Moët Hennessy JV. These assets are material to the company's earnings ...
Double-digit growth in Diageo's iconic drinks brand Guinness helped the company to recover, as it prepares for possible tariffs under Trump.
Drinks giant Diageo has cautioned on the effects of Donald Trump’s tariffs on its business, which outperformed analysts’ expectations this year after a significant contraction last year.
Diageo plc DEO reported interim results for ... The decline was due to significantly lower Moët Hennessy contribution and unfavorable currency rate. On a reported basis, net sales of $10.9 ...
Despite this, Diageo managed to maintain or grow market share in 65% of total net sales value in measured markets, including the U.S. Moët Hennessy’s significantly lower contribution and ...
This announcement will follow roughly a week after Diageo quashed speculation about selling Guinness or its 34% share in luxury champagne producer Moet Hennessy. Diageo made it clear that it had ...
We maintain our GBX 2,590 fair value estimate for wide-moat Diageo after the firm reported ... from the firm’s noncontrolling stake in Moët Hennessy. Weak consumer confidence and continued ...
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