TheAfricanExecutive

The market leader in opinion on Africa's socio-political and economic development since 2005

[Julians Amboko @AmbokoJH]

Asahi Group's disclosures on acquiring Diageo's stake in EABL Plc.

· The group says it believes the acquisition of EABL Plc presents a unique opportunity for acquiring a leading beverage platform in Africa & that this is the first of such investments in Africa

· As part of the proposed transaction, Diageo & EABL Plc have agreed to enter into long-term licensing agreements as well as transitional service
agreements.

· With the support of Asahi, locally owned brands will remain owned by EABL Plc (e.g. Tusker & Kenya Cane)

· There will be refreshed agreements for EABL Plc to produce certain Diageo spirits (e.g. Smirnoff & Captain Morgan) as well as Guiness brand under licence & the import & distribution of Diageo international premium spirits.

[Moe @moneyacademyKE]

Major update:

Diageo to sell its 65% stake in EABL to Japan’s Asahi for Sh300 billion.

Under the new deal, EABL will remain listed locally, Tusker & Kenya Cane will stay, and Asahi will become the controlling shareholder

[TheAfricanExecutive @TheAfricanExe]

This season, we celebrate the voices shaping our #African continent. May the new year bring renewed compassion, understanding, and collaborative progress. Wishing you a reflective holiday.
Your opinion partner since 2025. #Africa #Geopolitics @ShikwatiJames

[james shikwati @ShikwatiJames]

I look forward to joining the conversation on #leveraging Africa's #resources for #competitiveness @info_leadafrica @IRENKenya @TheAfricanExe

[TheAfricanExecutive @TheAfricanExe]

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@cgtnafrica