DEO - Spirits Giant Diageo Looking To Sell Its Beer Portfolio: Report | Benzinga
Diageo PLC (NYSE: DEO) reportedly aims to divest its beer portfolio, excluding its flagship brand Guinness.
The company plans to sell beer brands, including Smithwick's, Kilkenny, and Harp Lager, based in Ireland, and Tusker in Kenya, among others, Reuters reported, citing Axios.
The company's beer brands were a margin drag on the rest of the business, the report ...