Asahi Group President and Group CEO Atsushi Katsuki and EABL Group MD Jane Karuku after a meeting with EABL staff shortly after the announcement that Asahi Group has bought Diageo PLC’s shares in the company. [Courtesy]
British beverages giant Diageo Plc has agreed to sell its controlling stake in East African Breweries Ltd (EABL) to Japan’s Asahi Group Holdings in a deal worth $2.3 billion (Sh297 billion), marking the end of a decades-long presence for the group in Kenya.
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