Diageo is reportedly considering selling its stake in Wuliangye.

According to informed sources, Diageo is evaluating its business operations with Goldman Sachs Group and UBS Group, including its holding of over 63% in Shui Jing Fang. They also stated that these advisors have been exploring preliminary interests from local strategic buyers and private equity firms. The sources mentioned that the company is currently in the preliminary stages of consideration, with no final decision made, and there is no guarantee that Diageo will proceed with any transactions. Representatives from Diageo, Goldman Sachs, and UBS have all declined to comment. A representative from Shui Jing Fang stated that the company has not received any information regarding a transfer of ownership.