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.

Sixty-five days ago, the world witnessed an enthralling experience at Africa’s biggest disc jockey event in its 12th year glory – an assembly of some of the finest entertainers behind the boards, ...

Diageo is to sell its stake in the publicly listed Guinness Ghana Breweries to French drinks group Castel for $81m. Guinness Ghana Breweries, in which Diageo has held an 80.4% shareholding, will ...

Diageo plc has officially announced the sale of an 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group, as ...

As part of the deal, the drinks giant will retain ownership of the Diageo brands that are produced by Guinness Ghana (such as Guinness, Malta, Orijin, Smirnoff Ice and Alvaro), with the rights instead ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Diageo is selling its subsidiary Guinness Ghana Breweries, days after denying reports that it was ...

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 ...

Diageo has agreed to sell its 80.4pc stake in Guinness Ghana to Castel Group for $81m, the drinks giant said on Tuesday.