(Reuters) -Diageo is seeking to divest its beer portfolio on margin concerns, except flagship brand Guinness, Axios reported on Tuesday, citing sources familiar with the world’s largest spirits maker. The …
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LONDON (Reuters) -Diageo Chief Executive Debra Crew said on Wednesday that it was difficult to predict when the company could clear the inventory issues in Latin America that led to …
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DAKAR – Beverage company Diageo has agreed to sell its Guinness Cameroon brewery to France’s Castel Group for 389 million pounds ($459.8 million), the company said in a statement on …
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LONDON – Spirits company Diageo, the maker of Smirnoff vodka and Guinness, has paused exports to Ukraine and Russia, the company said on Thursday. “Our priority is the safety of …
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By Richa Naidu LONDON -Drinks group Diageo on Thursday reported first-half sales up nearly 16%, buoyed by high-end spirits for home use while bars increased orders as they reopened after …
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– Diageo said on Tuesday it is building a $75 million distillery in China to make its first ever single-malt whiskey of a Chinese origin, as it looks to tap …