Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness. View on euronews

The drinks giant changed tack over the weekend after declining to comment on a report on Friday (24 January) that it was mulling a potential sale of Guinness.

Diageo does not intend to sell its beer brand Guinness or its stake in Moet Hennessy, LVMH's drinks unit, the world's top spirits makers has said.

Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of Guinness under consideration

Drinks maker Diageo said on Sunday that it has no intention to sell its Guinness brand or its stake in Moët Hennessy.