Diageo Gets Approval to Purchase 14.97% Stake in Kenya’s EABL

Diageo Plc’s Kenyan unit has received regulator approval to buy an extra 14.97% stake in Kenya’s East African Breweries. The offer, worth Ksh 22.73 billion, was made in October 2022 and will bring Diageo’s total stake in EABL to 64%. The offer represents 14.97% of the issued share capital of EABL, which is listed on … Continue reading Diageo Gets Approval to Purchase 14.97% Stake in Kenya’s EABL