LSE:DGEBeverage
Diageo Refocuses Portfolio As Asset Sales Meet Valuation Opportunity
Diageo (LSE:DGE) is reviewing and selling non core assets, including stakes in several emerging market businesses.
The group is in discussions regarding a sale of part or all of its holding in East African Breweries.
Diageo is also considering options for its controlling interest in Chinese spirits maker Sichuan Swellfun, including a possible exit.
Diageo is one of the largest global spirits groups, with brands across whisky, gin, vodka, tequila and beer. The new CEO is reshaping the...