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Diageo denies reports that it is considering selling Guinness or its stake in Moët Hennessy

1. Diageo denied selling Guinness and stake in Moët Hennessy rumors. 2. Company confirmed no intention to sell key assets. 3. Interim results expected on February 4, 2025. 4. Investor day planned for May 19-20, 2025.

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FAQ

Why Neutral?

The denial of sale rumors stabilizes investor confidence, recalling past price fluctuations during similar speculations.

How important is it?

Denials concerning major assets impact market perception and immediate investor sentiment.

Why Short Term?

Immediate reactions may occur; long-term impact depends on future sales decisions.

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