Minority shareholders of EABL’s Ugandan subsidiary Uganda Breweries Limited (UBL) are set for a windfall of up to 34 times their historical investment in the company when they sell their 1.81 percent equity to EABL through a tender that opened a week ago.
Filings in EABL’s annual report for 2024 show that UBL has a historical book value of Sh687.65 million.
