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In response to recent speculation, Diageo (LON:DGE), the global leader in beverage alcohol, has made a statement regarding its ownership of the iconic Guinness brand and its stake in Moët Hennessy. The company confirmed that it has no intention to sell either asset, dispelling rumors that had been circulating in the media.
Diageo's commitment to both the Guinness brand and its partnership with Moët Hennessy remains strong. The company's clarification comes ahead of its scheduled market update, where it will present Interim results on February 4, 2025. These results are highly anticipated by investors and analysts alike, as they will provide insights into the company's performance and strategic direction.
Furthermore, Diageo has announced an upcoming event specifically dedicated to the Guinness brand. The Guinness investor and analyst day is set for May 19-20, 2025. This event will offer an in-depth look at the brand's operations, growth strategies, and future prospects. It represents an opportunity for the investment community to gain a better understanding of the value and potential of the Guinness brand within Diageo's portfolio.
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