Japanese conglomerate seeking to acquire Diageo's controlling stake in East African Breweries in a Sh300 billion transaction currently facing court challenges in Kenya.
… Nairobi. [File Courtesy] East African Breweries PLC (EABL) has written to Chief Justice Martha Koome seeking intervention over conflicting High Court orders surrounding the proposed Sh300 billion sale of Diageo Plc's controlling stake in the brewer to Japan's Asahi Group Holdings …
… PHOTO| COURTESY Audio By Vocalize The High Court has dismissed an application by JILK Construction Limited seeking to halt the proposed acquisition of East African Breweries Limited (EABL) shares by Japan-based Asahi Group Holdings from multinational drinks company Diageo. …
Audio By Vocalize A construction company has suffered a major blow after the High Court has rejected its bid to halt the Sh340 billion sale of Diageo's controlling stake in East African Breweries PLC (EABL) to Japan's Asahi Group Holdings. …
NAIROBI, Kenya Jun 2 — The High Court has dismissed an application by Bia Tosha Distributors Limited seeking interim orders to stop the completion of a proposed transaction involving East African Breweries Limited (EABL), Diageo, and Asahi Group Holdings, pending the outcome of p …
… PHOTO| COURTESY Audio By Vocalize The High Court has dismissed an application by Bia Tosha Distributors Limited seeking interim orders to stop the completion of the proposed transaction involving East African Breweries Limited (EABL), Diageo and Asahi Group Holdings pending the d …
Bia Tosha Distributors Limited has suffered a major setback after the High Court dismissed its second attempt to halt the proposed Sh300 billion acquisition of Diageo PLC's controlling stake in East African Breweries Limited (EABL) by Japanese brewing giant Asahi Group Holdings. …
Japan's Asahi Group cleared to proceed with EABL-linked acquisition By Brian Kimani May 16, 2026 02:10 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Beer bottles pass through a conveyor belt along a production line at th …
… REUTERS/Monicah Mwangi//File Photo Audio By Vocalize A group of Kenyan petitioners has moved to the High Court seeking to stop a planned shareholding transaction involving brewing giant East African Breweries Limited, Japanese beverage company Asahi Group Holdings and multination …
The High Court will on May 28,2026 rule on a fresh attempt by a small Nairobi-based beer distributor to suspend the proposed Sh300 billion acquisition of Diageo PLC’s controlling stake in East African Breweries Limited (EABL) by Japanese conglomerate Asahi Group Holdings. …
… ined an application by Bia Tosha Distributors Limited seeking an expedited hearing of its petition challenging the termination of its exclusive distribution rights and its bid to stop the proposed Sh300 billion sale of Diageo PLC’s 65 percent stake in EABL to Asahi Group Holdings …
East African Breweries has asked Chief Justice Martha Koome to intervene in conflicting High Court orders surrounding the proposed Sh300 billion sale of Diageo's controlling stake to Japan's Asahi Group Holdings. The appeal follows a Machakos High Court temporary halt of the transaction while other Nairobi judges had declined to stop the deal.
East African Breweries has asked Chief Justice Martha Koome to intervene in conflicting High Court orders surrounding the proposed Sh300 billion sale of Diageo's controlling stake to Japan's Asahi Group Holdings. The appeal follows a Machakos High Court temporary halt of the transaction while other Nairobi judges had declined to stop the deal.
Justice Gregory Mutai declined to grant conservatory orders sought by JILK Construction Limited to stop the acquisition of East African Breweries Limited shares by Japan-based Asahi Group Holdings from Diageo, finding the petitioner had failed to establish sufficient grounds for the restraint.
The High Court dismissed JILK Construction Company's application for conservatory orders to halt Diageo's Sh340 billion sale of its controlling stake in East African Breweries to Japan's Asahi Group Holdings, ruling that the firm's grievances had no link to the transaction.
The High Court has dismissed an application by Bia Tosha Distributors seeking interim orders to stop the completion of a proposed transaction involving East African Breweries Limited (EABL), Diageo, and Asahi Group Holdings, ruling that the applicant had already elected to pursue relief at the Court of Appeal and could not return to the High Court seeking similar orders on the same matter.
Kenya's High Court rejected an application by Bia Tosha Distributors seeking interim orders to stop the EABL-Diageo-Asahi transaction while a Court of Appeal case proceeds, ruling the petitioner cannot return to the High Court for similar relief after choosing to pursue the matter in the appellate court.
Justice Gregory Mutai rejected Bia Tosha Distributors Limited's second application for conservatory orders to halt Diageo's proposed sale of its 65 percent stake in East African Breweries Limited to Japan's Asahi Group Holdings, valued at Sh300 billion or US$2.3 billion.
Kenya's Capital Markets Authority and regulators in Tanzania and Uganda have approved an exemption allowing Japan's Asahi Group Holdings to proceed with its planned acquisition linked to East African Breweries PLC without making a mandatory takeover offer to shareholders.
A group of Kenyan petitioners has filed a High Court petition seeking to stop a planned shareholding transaction involving East African Breweries Limited, Asahi Group Holdings, and Diageo plc, citing alleged human rights and corporate governance violations.
The High Court will rule on May 28, 2026 on a fresh attempt by a small Nairobi-based beer distributor, Bia Tosha Distributors Limited, to suspend the proposed Sh300 billion acquisition of Diageo's 65 percent stake in East African Breweries Limited by Japanese conglomerate Asahi Group Holdings, a deal valued at approximately US$2.3 billion.
Justice Gregory Mutai declined Bia Tosha Distributors Limited's application for an expedited hearing of its petition challenging the termination of its exclusive distribution rights and seeking to block Diageo PLC's proposed Sh300 billion sale of its 65 percent stake in EABL to Asahi Group Holdings.