DRINKS company Diageo refuted rumours that it could sell Guinness or its 34 per cent holding in Moet Hennessy.

Guinness brand owner Diageo says it has no intention of selling the high-performing stout, quashing rumors in the press over the last few days.

Drinks group Diageo is selling its subsidiary Guinness Ghana Breweries, days after denying reports that it was considering a sale of the entire Guinness brand. The London-listed company said on Monday it was selling its 80 per cent stake in the Ghana subsidiary to French wine group Castel,

Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on Tuesday, continuing to refine its operating model in Africa. Diageo said that it will retain ownership of the Guinness brand and other Diageo brands produced by Guinness Ghana,

Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness. View on euronews