A court in Kenya has dismissed an attempt by a distributor to block Diageo’s sale of its stake in East African Breweries Limited (EABL) to Japan’s Asahi Group Holdings.
The latest ruling relates to a case brought in January by Kenyan beer distributor Bia Tosha, which asked the High Court to stop the sale, citing unresolved litigation dating back to 2016.
A court in Kenya has dismissed an attempt by a distributor to block Diageo’s sale of its stake in East African Breweries Limited (EABL) to Japan’s Asahi Group Holdings.