Diageo exploring potential spin-off or sale of beer brand Guinness, Bloomberg News reports-March 2024-www.financetom.com

Diageo exploring potential spin-off or sale of beer brand Guinness, Bloomberg News reports

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Diageo exploring potential spin-off or sale of beer brand Guinness, Bloomberg News reports

Jan 24, 2025 7:18 AM

Jan 24 (Reuters) - Diageo ( DEO ), the world's top

spirits maker, is exploring a potential spin-off or sale of beer

brand Guinness and is reviewing its stake in LVMH's drinks unit,

Moet Hennessy, Bloomberg News reported on Friday, citing people

familiar with the matter.

Diageo ( DEO ) did not immediately respond to a request for comment.

(Reporting by Aby Jose Koilparambil and Yadarisa Shabong in

Bengaluru; Editing by Anil D'Silva)

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