Tag Jane Karuku

 Japanese Giant Asahi to Acquire Diageo’s Majority Stake in East African Breweries Limited for US$2.3 Bn

In a transformative move for the African beverage industry, global spirits leader Diageo has reached a definitive agreement to sell its 65.0% controlling stake in East African Breweries PLC (EABL) to the Japanese multinational Asahi Group Holdings. The transaction, valued…

Read More Japanese Giant Asahi to Acquire Diageo’s Majority Stake in East African Breweries Limited for US$2.3 Bn

EABL Oversubscription Spurs Confidence as KES 16.76Bn Note Listing Signals Corporate Bond Market Rebound

The milestone was commemorated with a bell-ringing ceremony today, celebrating the significant oversubscription of the note. According to Frank Mwiti, Chief Executive of the Kenya Securities Exchange (KSE), the first tranche was heavily oversubscribed by 154%, successfully raising KES 16.76…

Read MoreEABL Oversubscription Spurs Confidence as KES 16.76Bn Note Listing Signals Corporate Bond Market Rebound