(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…
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…
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…
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…
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…