Diageo Wine Brands Reportedly on the Chopping Block

Faced with weak performance in emerging markets and a dip in demand in mature markets, Diageo is considering selling off some of the wine brands in its portfolio, per weekend reports from the UK. A spokesperson for Diageo says: "Diageo has a great wine business with great brands that are growing. We are sure there are many people who would love to own our wine business and we have received expressions of interest over the years. As you would expect