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.


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Joe Bates

Why duty free must do better

It’s one of the worst PR disasters to have hit the duty free industry in the almost two decades i’ve been covering the business.

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