Tag: East African Breweries

Japan’s Asahi clears major Kenyan hurdle in $2.3B East Africa Brewer takeover

Japan’s Asahi Group wins Kenyan regulatory approval for its $2.3 billion acquisition of Diageo’s controlling stake in East African Breweries.

Omokolade Ajayi Omokolade Ajayi

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

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