Diageo will not sell Guinness or its stake in Moet Hennessy despite recent speculation

From Investing.com: 2025-01-26 07:05:30

Diageo has no plans to sell Guinness or its stake in Moet Hennessy, despite recent speculation. Guinness, valued at over $10 billion, has been a standout performer in Diageo’s portfolio. The company will provide updates on its business during interim results on Feb. 4. Guinness sales have seen double-digit growth annually since 2021, in contrast to struggling spirits sales post-pandemic.



Read more at Investing.com: Diageo says it has no intention to sell Guinness or stake in Moet Hennessy By Reuters