Blog: Is Diageo looking to sell Guinness? What about now? Now? Now?
Olly Wehring | 12 January 2011
Okay, okay. We all know that January is traditionally a pretty quiet month in the drinks industry. It must be all that counting of money that's keeping you folks out of mischief.
But, must we really resort to dredging up stale old rumours to stoke the fires of speculation? Reports out of South Africa today (12 January) have suggested that Diageo is mulling the sale of Guinness yet again - this time, SABMiller is the grateful recipient of the beer brand.
Time was, not so long ago, that Paul Walsh had to field the 'are you looking to sell off Guinness' question at every half-year results conference.
Last month's announcement by Diageo that it has created a global beer category unit should really head off speculation like this at the pass.
I guess the quiet of January encourages the mind to wander.
Frank Sinatra liked a drink. He was famous for it. ...
Want to know how to make it to the top of the beverage business? According to Muhtar Kent, it's all about the networking....
A red sticker to a shopper is like a red rag to a bull. And as the masses charge at the deals, UK off licences and supermarkets are finding new and novel ways to entice the herd. ...
To celebrate its 250th anniversary, Cognac brand Hennessy is trumpeting a virtual time capsule, making a parallel between it and a barrel of Cognac....
- Rekorderlig Deal Sees Molson Coors Miss Out
- Comment - Diageo CFO to North America? Do the Math
- 5 reasons why Constellation's Meiomi buy works
- Hail Marie Brizard: But, For How Long?
- Constellation Brands basks in beer glory
- Bacardi buys Banks rum
- Diageo ditches Shui Jing Fang plans in China
- MillerCoors changes CMOs with immediate effect
- Diageo turns to W Ice in South Korea
- C&C Group chairman backs CEO amid turmoil