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How Asahi’s Ksh298B EABL takeover is set to reshape Kenya’s beer market

Japan’s Asahi Group Holdings is set to take control of East African Breweries Plc (EABL) after Kenya’s competition regulator approved Diageo’s sale of its 65 per cent stake in the brewer for $2.3 billion (about Ksh297.4 billion), opening a new chapter for one of Kenya’s biggest manufacturers. The Competition Authority of Kenya (CAK) approved Asahi’s acquisition of Diageo Kenya Limited and UDV…

We haven't written up this one. People Daily Kenya has the full story — the link below goes straight to it.

Read the original at peopledaily.digital →

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