EABL
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High Court again halts Diageo’s US$2.6B EABL stake sale to Asahi Group
A court order has suspended Diageo’s planned EABL stake sale to Asahi Group as minority shareholders challenge disclosures and regulatory oversight.
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Asahi secures regulatory approval for majority stake acquisition in East African Breweries
Asahi has received regulatory exemptions in Kenya, Tanzania and Uganda to proceed with its acquisition of a controlling stake in East African Breweries.
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High Court clears Diageo’s EABL stake sale to Asahi, dismisses Bia Tosha bid
Kenya’s High Court dismisses Bia Tosha’s bid to block Diageo’s EABL stake sale to Asahi, clearing the way for one of the country’s largest transactions.
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Diageo-Asahi deal faces pressure as minority shareholder seeks mandatory buyout for EABL investors
A Kenyan minority shareholder is pushing regulators to compel Asahi to offer equal buyout terms to all EABL investors amid mounting legal challenges to the Diageo deal.
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Diageo opposes bid to block sale of EABL stake to Asahi in court
Diageo challenges court bid to halt sale of its EABL stake to Asahi, as distributor Bia Tosha argues the deal could undermine its long-running legal dispute.