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Minority EABL investors lose Sh12bn paper gain
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
Minority investors of listed brewer EABL have seen their paper wealth fall by Sh12.45 billion in the past four weeks.
This is after the company’s share price retreated from the rally caused by the December 2025 disclosure that British multinational Diageo Plc plans to sell its 65 percent stake to Japanese beverage maker Asahi Holdings at a major premium.
