Diageo sells East African Breweries stake to Asahi
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UK spirits giant dumps East African Breweries stake as Japan's Asahi targets long-term growth in booming Kenya.
Despite US and China weakness, Diageo expects $3B FCF in FY26, aided by CAPEX cuts and a resilient premium brand portfolio.
The deal covers beer and spirits operations in Kenya, Uganda and Tanzania, where beer demand has grown steadily in recent ...
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