Diageo, a global beverage alcohol company, is reportedly planning to sell its stake in East African Breweries Limited (EABL) to Japan's Asahi Group Holdings. The sale is for a significant sum, with reports mentioning figures of Sh297 billion and an estimated Sh300 billion. This divestment represents a significant shift in ownership for one of East Africa's largest brewing companies. The acquisition of EABL by ASAHI is described as a significant event and a milestone for the Nairobi Securities Exchange. This development highlights major activity within Kenya's financial markets.
The acquisition of East African Breweries Limited (EABL) by ASAHI marks a significant event for the Nairobi Securities Exchange. This development highlights major activity within Kenya's financial markets.
Diageo, a global beverage alcohol company, is reportedly planning to sell its stake in East African Breweries Limited (EABL) to Japan's Asahi Group Holdings for a significant sum, as detailed in this Kenyan news report.
Diageo, a global beverage alcohol company, is reportedly selling its stake in East African Breweries Limited (EABL) to a Japanese brewer for an estimated Sh300 billion. This potential divestment represents a significant shift in ownership for one of East Africa's largest brewing companies.