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Diageo urges Kenyan chief justice to speed up hearings of bids to stop $2.3bn Asahi deal (opens original article in a new tab)

TL;DR

Diageo is pushing Kenya's chief justice to accelerate court hearings blocking its $2.3bn sale of East African Breweries to Asahi, after a minority shareholder halted the deal through legal action.

  • Diageo urges Kenya's chief justice to expedite hearings on challenges to its $2.3bn sale of EABL stake to Asahi Holdings
  • A minority shareholder secured a court order halting the deal, citing unfair treatment of stakeholders
  • EABL lawyers warned of 'proliferation of parallel proceedings' and 'forum shopping' risks

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