The Indo Daily: Splitting the G

For decades, Guinness has been more than just Ireland’s favourite beverage —it’s been a cultural icon, and for better or worse, a symbol of Irishness across the world.

In recent months a new force has emerged in the online world. Meet the ‘Guinfluencer’ – fans of the stout who review pints, comment on ‘domage’ and ‘shtick’ among other characteristics.

With stout shortages over Christmas causing chaos in the UK, and ‘G’s being split like they are going out of fashion, it feels like what was once the everyman’s stout has reached peak public hysteria.

But now, whispers are growing louder that Diageo, the global drinks giant and owner of ‘The Black Stuff’, might be looking to sell off the legendary stout.

A Bloomberg report on Friday said Diageo was exploring a potential spin-off or sale of Guinness, in what would be the biggest corporate change for the Irish beer brand since it was merged with Grand Metropolitan in 1997. Stock market-listed Diageo was also said to be reviewing its minority stake in LVMH’s drinks unit, Moët Hennessy. Guinness would likely be valued at above $10bn (€9.50bn), Bloomberg reported, citing the sources. On Tuesday Diageo confirmed it has agreed to sell its 80.4pc stake in Guinness Ghana to Castel Group for $81m, the drinks giant said.

Is there more to come, and what would a broader sale mean for the future of the company and its St James’s Gate brewery?

Today on The Indo Daily, Fionnán Sheahan is joined by Donal O’Donovan, Business Editor with The Irish Independent, and Turtle Bunbury, Historian and host of the Behind The Guiness Gates podcast series, to discuss the rise of the ‘Guinfluencer’, and what a potential sale of Irelands biggest export might mean for the wider country?

The Indo Daily: Splitting the G – Shock at potential Diageo sale of Guinness amid the rise of the ‘Guinfluencer’

Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
Billionaire sells luxury apartment in New York for almost $190 million thumbnail

Billionaire sells luxury apartment in New York for almost $190 million

Publiziert14. Januar 2022, 21:40Daniel Och hat das 900 Quadratmeter grosse Penthouse in Manhattan für 93 Millionen Dollar gekauft. Nun verkaufte er die Wohnung über dem Central Park für fast das Doppelte.1 / 6Die oberste Penthouse-Wohnung dieses Wolkenkratzers wechselte kürzlich ihren Besitzer.VornadoDie Luxuswohnung befindet sich im sogenannten «Milliardärs-Bunker» mit der Adresse 220.VornadoDie folgenden Bilder geben Einblick…
Read More
5 politicians who echoed Luciano Hang's testimony to Covid's CPI thumbnail

5 politicians who echoed Luciano Hang's testimony to Covid's CPI

We and our partners use cookies as indicated in our cookie policy. With your consent, we process data such as IP addresses, identifiers, and geolocation data to identify you as a user, track your browsing habits, provide personalized ads and content based on your interests, and measure website performance. To consent to cookies, you can…
Read More
Reaction to the veto on the EU Child Rights Strategy thumbnail

Reaction to the veto on the EU Child Rights Strategy

We are dismayed by the veto of EU Child Rights Strategy at yesterday’s meeting of EU Justice Ministers. All 27 EU countries have signed up to the UN Convention on the Rights of the Child. Children’s rights are indivisible and cannot be cherry-picked. All rights belong to all children. We count on the French EU…
Read More
Comic strip sequel to Goldorak: the return of the Prince of Euphor HuffPost thumbnail

Comic strip sequel to Goldorak: the return of the Prince of Euphor HuffPost

BANDE DESSINÉE - Toute une génération, celle des enfants de la fin des années 1970 et du début des années 1980, a vibré sur la musique du générique du dessin animé. À cette époque où n’existaient que trois chaînes de télévision, les programmes à destination de la jeunesse étaient rares et la culture japonaise encore mystérieuse.…
Read More
Dolný Kubín met the opponent, another league player will come thumbnail

Dolný Kubín met the opponent, another league player will come

V treťom kole oravský klub šokoval ligistu z Liptova. Aby ste mohli odoberať príspevky tohto autora, musíte byť prihlásený: Prihlásiť | Registrovať Dolný Kubín včera vyradil Liptovský Mikuláš. (Zdroj: Pavol Ľorko)Písmo:A-|A+ Po senzačnom postupe nad Liptovským Mikulášom čakali dnes futbalisti Dolného Kubína netrpezlivo na žreb Slovenského pohára. Žreb sa uskutočnil od 11.00 h v Sieni…
Read More
Fallece Alberto Baillères, capitán del Palacio de Hierro, GNP y el ITAM thumbnail

Fallece Alberto Baillères, capitán del Palacio de Hierro, GNP y el ITAM

El empresario mexicano Alberto Baillères González, quien fuera presidente de Grupo Bal, falleció este miércoles, según informan fuentes de la misma empresa este jueves.  Alejandro Baillères, presidente de BAL, publicó una misiva para directores corporativos donde confirma el deceso: "Con profunda tristeza se informa al público inversionista la irreparable pérdida de Don Alberto Baillères (...) el Consejo extiende…
Read More
Index Of News
Total
0
Share