The High Court has dismissed a third legal suit that sought to block the final sale of British multinational Diageo’s entire 65percent stake in East African Breweries Limited (EABL) and its holding in spirits maker UDV Kenya to Japanese beverage firm Asahi Group Holdings.
The court declined to grant orders sought by Kenyan firm JILK Construction Company and three co-petitioners to suspend the transaction pending determination of a constitutional petition challenging the sale.
