EABL seeks entire shareholding of Ugandan unit with share plan

Martin Oduor-Otieno, EABL Group Chairman, Jane Karuku - Group MD and CEO, Risper Ohaga, Group CFO and Mark Ocitti, Managing Director, Kenya Breweries Limited (KBL) peruse through the company's 2024 Full Year Financial Results. [Courtesy]

East African Breweries Ltd (EABL) plans to increase its shareholding in one of its Ugandan subsidiaries.

The brewer seeks to increase its shareholding in Uganda Breweries Ltd (UBL) to 100 per cent by acquiring 2,177,995 shares.

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