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Stock impact report

Diageo to Sell Kenyan Drinks Stakes to Japan's Asahi for $2.3 Billion [Yahoo! Finance]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: Yahoo! Finance
Diageo is to sell its majority stakes in two Kenyan drinks businesses to Japanese brewer Asahi for proceeds of around $2.3 billion. The U.K. drinks group, which makes Guinness beer, Smirnoff vodka and Gordon's gin, said it would sell its 65% shareholding in East African Breweries, or EABL, and its roughly 54% stake in distiller UDVK to Asahi. The remaining shares of UDVK are held by EABL. Show less Read more
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