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Diageo to exit Kenyan market in landmark deal with Japanese giant Asahi

EABL plant

East African Breweries Limited (EABL) plant in Ruaraka, Nairobi.

Photo credit: Salaton Njau | Nation Media Group

DIAGEO TO exit Kenyan market after agreeing to sell its wholly-owned subsidiary, which holds 65pc stake in EABL and 53.68pc shareholding in spirits firm UDVK, to Japanese multinational Asahi.

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