Diageo buys SAB's stake in Kenya Breweries

07 June, 2011

Diageo subsidiary East African Breweries (EAB) has purchased all of SAB Miller’s 20% shareholding in Kenya Breweries (KB). The transaction is worth US$225 million. The deal is subject to EAB disposing of its 20% shareholding in Tanzania Breweries – by way of public offer through the Dar-es-Salaam Stock Exchange.


Comment

Hamish Smith

The end of craft?

If you want to know where the spirits industry is headed, you could do worse than look at beer.

Click for more »

Events

Facebook

Twitter