EABL share price soared to close at a 52-week high of Sh181.25 on Monday on the back of plans by Diageo to purchase additional shares in the Nairobi Securities Exchange-listed firm.
The gains close the gap between EABL’s prevailing stock price and the Sh192 per share offer by its parent firm Diageo, which is seeking to buy an additional 118.4 million shares in a bid to raise its stake to 65 percent.
