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Diageo plc to buy 118.4m EABL shares at Sh22.7b

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Diageo, in a public notice published in both The Standard and Nation newspapers on Friday, October 14, said it intends to buy each share at Sh192.[Standard,file]

Diageo plc has expressed interest in acquiring 118.4 million shares of the East African Breweries Limited, cementing its majority shareholding in the beer company.

Diageo, in a public notice published in both The Standard and Nation newspapers on Friday, October 14, said it intends to buy each share at Sh192.

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