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 gives East African Breweries an enterprise value of $4.8 billion, according to Diageo.
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 ...
Tuko News on MSN
Diageo to Exit Kenyan Market, Sell EABL Shares in KSh 45 Billion Deal with Japan's Asahi
Diageo's decades of control at EABL will come to an end after the British drinks giant agreed to sell its 65% stake to ...
Briefly on MSN
Springboks Shine in Japan as Kolbe and Du Toit Star, Libbok Debuts, De Klerk Hits Setback
Springboks shine in Japan as Kolbe, Du Toit, and Libbok impress; Faf de Klerk faces another injury setback amid strong team ...
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, ...
11hon MSN
Diageo sells Kenyan business to Japan's Asahi in £2.3bn deal as it steps up efforts to slash debt
Diageo will offload its 65% stake in East African Breweries, the dominant player in Kenya's drinks market, as it sells off ...
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