Asahi Group Holdings, the Japanese brewing and beverages giant, has picked Absa Bank Kenya PLC, ENS Africa, A&O Shearman and Nomura Holdings to advise on its USD 2.3 billion acquisition…
Global spirits giant Diageo has agreed to sell its majority stake in East African Breweries Limited (EABL) to Japan’s Asahi Group Holdings, marking a significant shift in the ownership of…
Three years after taking over the reins at Nile Breweries Limited (NBL), Adu Rando, the Brazilian Managing Director of the AB InBev subsidiary, has been promoted to Global Director, BEES…
The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has imposed a fine of USD 750,000 on global alcoholic beverages manufacturer Diageo Plc, the majority shareholder in East…
Diageo has announced the appointment of Christopher Wangai Gitau as General Manager, Greece, effective 1 October 2025. In this role, he will report to Olena Neznal, Managing Director for Eastern…
East African Breweries PLC (EABL) has reported a solid full-year performance for the year ended June 30, 2025, posting a 12% jump in profit after tax to Kshs 12.2 billion,…
Uganda Breweries Limited (UBL)—a subsidiary of East African Breweries Limited (EABL), itself owned by Diageo plc, the global leader in beverage alcohol with an outstanding portfolio of spirits and beer…
East African Breweries Limited (EABL) is set to make significant leadership changes at two of its key subsidiaries, with Andrew Kilonzo, the current Managing Director of Uganda Breweries Limited (UBL),…
In an extraordinary act of shareholder resolve, a majority of the minority investors in Uganda Breweries Limited (UBL) stood their ground against a high-stakes buyout offer from East African Breweries…
East African Breweries Limited (EABL), one of the crown jewels in Kenya’s corporate sector, is now at the centre of market speculation following a broader strategic pivot by its parent…
