Diageo made no comment on reports it could either sell or spin off the Guinness brand. Independent Online, popularly known as ...

With the announcement that it will sell its 80.4% stake in Guinness Ghana Breweries plc to Castel Group for $81 million, Diageo plc is solidifying its alliance with the French beverage juggernaut ...

After the deal is finalised, Diageo's operations in Africa consist of East African Breweries Limited, which is present in Kenya, Tanzania and Uganda, as well as the Diageo South West Central unit.

France’s Castel, the beer sector leader in francophone Africa, has acquired Diageo’s 80.4% stake in Guinness Ghana. This expansion into anglophone territory consolidates Castel’s presence on the ...

Diageo also gained market share in other markets, growing especially well in Africa and in the Latin America & Caribbean markets, with 8.9% and 5.0% organic sales growth, respectively. With the ...