Kenya regulator seeks $115 million reserve before approving Diageo’s EABL sale to Japan’s beverage giant
Kenya’s competition regulator has proposed that East African Breweries Ltd. set aside up to 15 billion Kenyan shillings ($115 million) in reserve funds before approving Diageo’s planned sale of its majority stake in the brewer to Japan’s Asahi Group Holdings. Kenya’s competition authority wants East African Breweries Ltd. to set aside up to 15 billion…






