Business Daily·3 min read·medium
Diageo set to pocket Sh4.47bn dividend on delayed EABL deal
C
Charles Mwaniki
✦AI Summary
Diageo is expected to receive a significant dividend payout from EABL despite delays in the sale of its stake to Asahi Holdings. The transaction remains stalled due to ongoing legal challenges in Kenya.
British multinational Diageo is set to pocket a dividend of Sh4.47 billion from EABL as the proposed sale of its stake in the Kenyan firm to Japan’s Asahi Holdings remains held up by court cases.
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