High Court freezes EABL stake sale pending regulatory reviews

Justice Francis Gikonyo ruled that the ownership and control of EABL as it stood on June 18, 2026 must remain unchanged until an appeal before the Capital Markets Tribunal is determined and the Competition Authority of Kenya completes its review of the transaction...

✨ Key Highlights

The High Court has temporarily halted the sale of Diageo's controlling stake in East African Breweries (EABL) to Japan's Asahi Group Holdings, pending regulatory reviews.

The court ordered that the ownership and control of EABL remain unchanged as of June 18, 2026.
Key parties involved include Diageo, EABL, Asahi Group Holdings, and a petitioner, Christine Irungu.
The freeze is in place until the Capital Markets Tribunal determines an appeal and the Competition Authority of Kenya (CAK) completes its review.

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