Diageo Unloading Beer & Spirits Bizzes in East Africa to Asahi for $2.3 Bil; Asahi's Global March

Diageo continues to de-lever "non-core assets" and improve its balance sheet with another sell off in Africa. Diageo agreed to sell its 65% stake in EABL, the largest beer biz in East Africa, and its stake in UDVK, a spirits producer based in Kenya, to Asahi for $2.3 bil. Recall,...
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Publishing Info

  • Year: 2025
  • Volume: 27
  • Issue #: 265
  • Issue Date: 12/17/2025