Champagne

12 September, 2012

Despite reports of champagne’s struggle to keep cases sales up, Lucy Britner finds that the world has far from fallen out of love with France’s famous export

Diageo has announced a €153 million investment into a ‘brewing centre of excellence’ in Dublin.

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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