Diageo Plc’s Kenyan unit has completed the partial tender offer to increase its aggregate equity stake in East African Breweries from 50.03% (395.6 million shares out of 790.8 million outstanding shares) to 65%. The offer, worth Ksh 22.73 billion, was made in October 2022. Diageo Kenya received valid tenders from 1,697 shareholders, amounting to 143.5 million Ordinary Shares … Continue reading Diageo Closes Partial Tender Offer For Shares In EABL