Tag: Asahi Group

EABL-DIAGEO DEAL
BusinessHot News

Kenya seeks $115 million reserve fund in Diageo’s EABL sale

Kenya seeks a $115 million reserve fund as the EABL sale to Asahi faces regulatory and legal delays.

Timilehin Adejumobi Timilehin Adejumobi
East African Breweries Ltd. (EABL)
BusinessHot News

East African Breweries delivers over $140 million profit in 2026

East African Breweries profit rose 49% to $140 million in 2026 as revenue, sales volumes and lower financing costs boosted earnings.

Timilehin Adejumobi Timilehin Adejumobi
Diageo
BusinessHot News

Diageo pushes for swift ruling on $2.3 billion Asahi deal in Kenya

The Diageo Asahi Kenya deal faces legal hurdles as courts weigh challenges to the $2.3 billion EABL transaction.

Timilehin Adejumobi Timilehin Adejumobi
Asahi Group Headquarter
BusinessHot News

Asahi Group advances $2.3 billion EABL bid with East Africa regulatory approval

Asahi Group nears $2.3 billion EABL acquisition after East Africa regulators waive takeover offer, clearing key M&A hurdle in beverage sector.

Timilehin Adejumobi Timilehin Adejumobi