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Originally published by Nation Businessbusiness
July 4, 2026
12h ago
Judiciary steps in as suits on EABL’s stake sale rise
The dispute centres on Diageo’s intended sale of its entire 65 percent stake in EABL...
✨ Key Highlights
Kenya's Judiciary is centralizing multiple court cases challenging Diageo's planned sale of its controlling stake in East African Breweries Limited (EABL) to Asahi Group, following conflicting court orders.
- The deal involves Diageo selling its 65 percent stake in EABL for approximately Sh340 billion.
- The move was initiated by Chief Justice Martha Koome and is now managed through the Commercial and Tax Division of the High Court.
- Cases were filed by various entities including EABL itself, Bia Tosha Distributors, JILK Construction, and petitioner Christine Irungu, creating fragmented litigation and risking contradictory rulings.
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