Diageo Plc, a British multinational alcoholic beverage firm, has agreed to sell its 65 percent shareholding in East African ...

Diageo agrees to sell its stake in East African Breweries and Kenyan spirits business to Asahi Group Holdings, Ltd.

Diageo , the world's largest spirits group, has agreed to sell its 65% stake in East African Breweries to Japan's Asahi ...

The deal covers beer and spirits operations in Kenya, Uganda and Tanzania, where beer demand has grown steadily in recent ...

Asahi Group Holdings says it will acquire the East African business from British alcoholic beverage company Diageo, the maker ...

It has pledged to sell down non-core assets as part of a plan to reduce debts and cut costs. It said the sale of EABL was ...

Asia's imports of U.S. crude oil, coal and liquefied natural gas are on track to decline this year despite President Donald ...

Diageo's decades of control at EABL will come to an end after the British drinks giant agreed to sell its 65% stake to ...

Diageo is to sell its majority stakes in two Kenyan drinks businesses to Japanese brewer Asahi for proceeds of around $2.3 ...

Asahi Group's stock fell Thursday after the brewer said it will buy Guinness maker Diageo's East Africa businesses in a $3 billion deal. Shares of the maker of Asahi Dry, Japan's most popular beer, ...

Asahi will buy the stake for $646 million (Sh83.29 billion), taking Diageo’s pay from the deal to Sh386.8 billion.

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