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EABL
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Kenyan distributor seeks Court block on Diageo’s US$2.3B EABL sale to Asahi
Bia Tosha asks Kenya’s High Court to halt Diageo’s EABL sale pending resolution of a competition dispute.
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Diageo divests stake in East African Breweries to Japan’s Asahi for US$2.3B
The transaction marks Diageo’s exit from EABL, transferring control to Japan’s Asahi Group, subject to regulatory approval.
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EABL to raise US$85.14M corporate bond as it redeems 2021 note early
EABL launches Kes 11 billion (US$85.14M) bond issue to support investments, repay debt, and strengthen working capital.
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EABL reports 12% profit growth to US$94.4M in FY 25
East African Breweries posts strong financial performance, with increased revenue, reduced debt, and a potential ownership shakeup underway.
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Diageo reportedly set to review US$2B stake in East African Breweries
Diageo is evaluating its controlling interest in EABL as part of a broader move to streamline global operations.