Diageo , the world's largest spirits group, has agreed to sell its 65% stake in East African Breweries to Japan's Asahi ...
UK spirits giant dumps East African Breweries stake as Japan's Asahi targets long-term growth in booming Kenya.
Diageo has agreed to sell its stake in its Kenyan business to Japan’s Asahi in a deal worth $2.3bn, as the struggling drinks ...
Diageo is selling off business in Africa to Asahi in a $2.3 billion deal. This acquisition marks Asahi's first major ...
Diageo is to sell its majority stakes in two Kenyan drinks businesses to Japanese brewer Asahi for proceeds of around $2.3 ...
Asahi will buy the stake for $646 million (Sh83.29 billion), taking Diageo’s pay from the deal to Sh386.8 billion.
Despite US and China weakness, Diageo expects $3B FCF in FY26, aided by CAPEX cuts and a resilient premium brand portfolio.
Diageo Plc agreed to sell its majority stake in East African Breweries Ltd. to Japan’s Asahi Group Holdings Ltd. in a $2.3 ...
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Asahi moves for Diageo’s Kenya business in $2.3bn deal
Asahi Group Holdings is to pay $2.3bn for Diageo’s business in Kenya, which includes the UK group’s majority stake in East ...
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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 ...
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, ...
The announcement by Diageo to sell its 65 percent stake in EABL draws a curtain on decades of British control over one of ...
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