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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Asahi Group President and Group CEO Atsushi Katsuki and EABL Group MD Jane Karuku after a meeting with EABL staff shortly after the announcement that Asahi Group has bought Diageo PLC's shares in the company. [Courtesy]
British beverages giant Diageo Plc has agreed to sell its controlling stake in East African Breweries Ltd (EABL) to Japan’s Asahi Group Holdings in a deal worth $2.3 billion (Sh297 billion), marking the end of a decades-long presence for the group in Kenya.
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