In this investing video, Champion Shares PRO portfolio manager Nathan Parmelee discusses Diageo‘s (LSE: DGE) recent sale of the Gleneagle Hotel, potential sale of its wine business, and their impact on Diageo’s valuation.
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Why Diageo plc’s Asset Sales Won’t Materially Change Its Valuation
VIDEO: One Fool puts Diageo plc (LON:DGE) under the spotlight.
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partner’s brokerage products, these are focused on the trading of readily releasable securities.
