Diageo has disposed of its second rum brand in six months with the sale of Venezuelan brand Cacique to French spirits group ...

Diageo announced on Thursday that the spirits behemoth was selling off yet another brand, Cacique Rum, to the French spirits ...

Diageo said the deal was evidence of the company’s “strategy of maintaining a sharp focus on effective portfolio management”.

Cacique, an iconic rum brand with a rich 65-year heritage, holds a strong consumer base in Spain and Venezuela. This divestiture aligns with Diageo’s focus on optimizing its portfolio by ...

Diageo withdrew its medium-term guidance due to tariff uncertainty. Tariffs on Canada and Mexico would impact brands such as Crown Royal, Don Julio, and Casamigos among others. The H1/FY2025 ...

Called Diageo Montgomery, the development of the site is currently underway and is expected to become fully operational in the latter half of 2025. Credit: Diageo North America. Diageo plans to invest ...

Diageo has unsurprisingly refused to be drawn on a Bloomberg report that the company is reviewing its stake in Moët Hennessy and weighing up the future of beer business Guinness. According to unnamed ...

UK drinks maker Diageo plc announced its financial year 2025 interim results for the half year ended 31 December 2024 on Tuesday, taking back its medium-term sales guidance amid increasing US ...

Diageo plc has officially announced the sale of an 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group, as disclosed on January 28, 2025. This announcement follows Diageo’s September ...