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.

The deal gives East African Breweries an enterprise value of $4.8 billion, according to Diageo.

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

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 ...

Diageo will offload its 65% stake in East African Breweries, the dominant player in Kenya's drinks market, as it sells off ...

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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In a landmark shift for the regional beverage industry, Diageo has agreed to sell its 65% stake in (EABL to Japan’s Asahi ...