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Regulator says EABL, Diageo Sh22.7b shares deal was clean

Capital Markets Authority Chief Executive Officer Wycliffe Shamiah. [File, Standard]

The Capital Markets Authority (CMA) says a transaction between shareholders of the East Africa Breweries Ltd (EABL) and Diageo Kenya was above board.

CMA Chief Executive Officer Wycliffe Shamiah yesterday said the value of the transaction was Sh22.7 billion, and that the authority has not received complaint from an EABL shareholder or any other party.

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