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Distributor in court to halt Diageo sale of EABL stake

Workers at the East African Breweries (EABL) microbrewery off Thika Road, Nairobi on January 26, 2024. Samwel Wachira had sued the giant regional brewer in 2018 seeking Sh3.45 million as compensation for unfair termination.

Photo credit: Wilfred Nyangaresi | Nation Media Group

By  Joseph Wangui

Correspondent

Nation Media Group

A commercial dispute in Kenya’s beer industry has taken a new turn after a local distributor asked the High Court to block British multinational Diageo Plc from selling its majority stake in East African Breweries Limited (EABL) to Japan’s Asahi Group.

Bia Tosha Distributors has moved to court seeking urgent orders to stop the deal valued at about $2.3 billion (Sh296.7 billion).

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