Jan 26 (Reuters) - Diageo ( DEO ) does not intend to

sell its beer brand Guinness or its stake in Moet Hennessy,

LVMH's drinks unit, the world's top spirits makers

said on Sunday.

On Friday, Bloomberg News reported that the company was

exploring options for Guinness, a star performer in Diageo's ( DEO )

portfolio, as well as reviewing its investment in Moet Hennessy.

The report said that Guinness could be valued at more than $10

billion.

"We note the recent media speculation around the Guinness

brand and our stake in Moet Hennessy and we can confirm that we

have no intention to sell either," Diageo ( DEO ) said in a statement.

The company also said that it would provide further updates on

its business with interim results on Feb. 4.

Guinness is an outlier in Diageo's ( DEO ) business, which consists

mostly of spirits rather than beer, but its performance recently

has outshone that of key liquor labels, such as Johnnie Walker

whisky.

Spirits sales have struggled after a post-pandemic boom in

demand for more expensive liquor went into reverse. Meanwhile,

Guinness sales have grown by double digits every year since

2021, with its zero-alcohol version also surging.