Drinks giant Diageo has firmly denied media reports suggesting it is contemplating the sale of its iconic Guinness brand or its stake in luxury liquor producer Moët Hennessy. The company addressed the rumors in a statement, emphasizing its commitment to these assets and stating that it has "no intention to sell either." These comments come in response to a Bloomberg article speculating about a potential portfolio review by Diageo, which has scheduled future events for market updates and investor engagement.
Diageo has denied reports that it is considering selling Guinness or its stake in Moët Hennessy, reaffirming there is "no intention to sell either."
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