Diageo says it has no intention to sell Guinness
- Diageo stated it has no intention to sell the Guinness brand or its stake in Moët Hennessy amid pressure to revive growth.
- The company is reviewing its portfolio as shares have slumped since Chief Executive Debra Crew took over.
- Investors expect changes as Chief Financial Officer Nik Jhangiani examines the company's brands, including potential sales of underperforming labels.
- Diageo plans to update the market with interim results on February 4th, as it denies rumors of selling Guinness.
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Total News Sources0
Leaning Left6Leaning Right0Center2Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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