A distributor of Diageo Plc’s Kenyan subsidiary asked a court in the East African nation to suspend a proposed share sale to Asahi Group Holdings Ltd. pending the resolution of an earlier case, court ...
Business Daily Africa on MSN
Distributor in court to halt Diageo sale of EABL stake
A commercial dispute in Kenya’s beer industry has taken a new turn after a local distributor asked the High Court to block British multinational Diageo Plc from selling its majority stake in East ...
Bia Tosha Distributors—filed a lawsuit in Kenya's High Court to halt the beverage company's $2.3 billion sale of 65% stake in East African Breweries (EABL) to Japan's Asahi Group (ASBRF). The company ...
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