French luxury goods group LVMH said yesterday it had sold part of its stake in British drinks giant Diageo for £736 million sterling. "We have always said that our Diageo stake was a liquid asset and therefore sellable," a spokesman for Moet Hennessy Louis Vuitton said.
LVMH cuts stake in Diageo
French luxury goods group LVMH said yesterday it had sold part of its stake in British drinks giant Diageo for £736 million sterling…
IN THIS SECTION
AIB offloads risk and obesity drug boss calls on Ireland to step up to the plate
Israel-Hizbullah close to ceasefire deal, says Israel’s envoy to Washington
Why Scientology gets refugees to work for free on the streets of Dublin
The Irish Times view on the latest opinion poll: the race tightens entering the last lap
Angling notes: Corrib Mask Search and Rescue boat comes out of the water
Business Today
Get the latest business news and commentary from our expert business team in your inbox every weekday morning