British multinational Diageo will give EABL shareholders who were on the brewer’s books by January 16 and early bidders the first priority in its plan to purchase an additional 14.97 percent stake in the local subsidiary.
The priority treatment will kick in if there is an oversubscription in the offer, which opened on Monday to run until March 17, with a pool of 47.5 million shares designated towards a guaranteed allocation of up to 10,000 shares for all bidders in the first phase of the sale.
