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.
A section of the EABL headquarters in Nairobi. [Wilberforce Okwiri, Standard]
British multinational Diageo has urged the High Court to allow it to sell off its Sh296.7 billion stake in East Africa Breweries Limited (EABL).
In its response to the new application filed by Kenyan distributor Bia Tosha Limited, seeking to block the 65 per cent shares sale to Japanese company Asahi, Diageo said that it has nothing to do with the approvals and or control of EABL’s contracts with distributors.
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