Diageo: Streamlining Through Divestments (Rating Upgrade)

2026-01-14 11:43:04 ET

Diageo plc ( DEO ) is looking at noteworthy asset divestments. The spirit drink giant has already divested its East African operations, and is now reportedly looking critically at its weakly performing Chinese assets. Such non-core divestments aim to deleverage Diageo’s balance sheet and streamline operations towards high-margin, high-growth markets amid the company’s weak overall growth performance....

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