Kenyan beer distributor disputes Diageo’s $2.3 billion sale of EABL in court
Kenya's High Court will hear a case this week that could slow Diageo's plan to sell its stake in East African Breweries to Japan's Asahi Group. The $2.3 billion deal would mark Diageo's full exit from Africa's beer market after nearly three decades of operations.
Diageo exits East African Breweries in $2.3 billion sale to Japan’s Asahi
Diageo is selling its 65% stake in East African Breweries Limited to Asahi Group Holdings for $2.3 billion. The deal values EABL at approximately $4.8 billion and is expected to close in the second half of 2026.
