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Originally published by The Standard Business

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April 9, 2026

2h ago

Court clears way for Sh619 billion EABL shares sale

Court clears way for Sh619 billion EABL shares sale

Court clears way for Diageo to sell its Sh619 billion stake in East Africa Breweries Limited to Asahi Group Holdings after dismissing an application by distributor Bia Tosha Limited...

✨ Key Highlights

The High Court in Nairobi has given the green light for a major share sale, allowing British multinational Diageo to sell its stake in East Africa Breweries Limited (EABL).

The stake is valued at an impressive Sh619 billion.
The buyer is confirmed to be Japanese firm Asahi Group Holdings.
This court decision removes a significant hurdle for the multi-billion deal to proceed.

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