Diageo to sell part of Dublin Guinness site
LONDON (Reuters) - Drinks group Diageo (DGE.L: Quote, Profile, Research) is expected to announce plans this week to close part of its historic Guinness brewery site in Dublin and sell the land for redevelopment, the Times reported on Monday.The company launched a review last June that valued the St James's Gate property, where it has been since 1759, at up to 1 billion euros (785 million pounds), the newspaper said.
Diageo is expected to keep Guinness Storehouse, a popular tourist attraction, and enough land to production of the beer extract at the site, the newspaper reported.
No one at Diageo was immediately available for comment.






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