Investors have sold Sh285.8 million worth of East African Breweries Plc (EABL) shares in profit-taking trades since Diageo Plc made an offer to raise its stake in the Nairobi Securities Exchange-listed firm at a price of Sh192 per share.
The multinational announced on October 14 that it will buy an additional 118.3 million shares in EABL through a tender offer.
