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Diageo to sell East African Breweries stake for $2.3bn

By Abigail Townsend

Date: Wednesday 17 Dec 2025

(Sharecast News) - Diageo is to sell its stake in East African Breweries Limited to Japan's Asahi Group Holdings in a deal worth $2.3bn, the drinks giant confirmed on Wednesday.
Under the terms of the deal, the owner of Guinness, Johnnie Walker and Smirnoff will sell its 100% holding in Diageo...

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