The Board of Directors of East African Breweries PLC (EABL) has confirmed that Diageo PLC will sell its majority stake in EABL and its shareholding in UDV (Kenya) Limited to Asahi Group Holdings. This marks the first major investment by a Japanese brewing giant in Africa’s alcoholic beverage sector, underscoring East Africa’s growing appeal to … Continue reading Asahi Group Holdings Acquires Majority Stake in East African Breweries PLC