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Originally published by Capital Newstop
April 16, 2026
2h ago
OPINION: After the EABL ruling: Can Kenya protect both justice and investment?
The significance of the judgment lies not in who won or lost, but in why the court declined to grant the injunction. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
The High Court rejected Bia Tosha's bid to halt the US$2.3 billion sale of Diageo's majority stake in East African Breweries PLC (EABL) to Asahi Group Holdings.
- The court found Bia Tosha's attempt to stop the share sale lacked the necessary legal connection to its original dispute over distribution routes and goodwill.
- Key entities involved include Diageo, Asahi Group Holdings, East African Breweries PLC (EABL), and Bia Tosha.
- The ruling emphasizes the distinction between a private commercial dispute and attempts to disrupt a major cross-border transaction, signaling a need for Kenya to protect both justice and investment.
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