Is EABL Next on the Market as Diageo Steadily Exits Africa?

Diageo Plans $500M Cost Cuts, Asset Sales

UK-based beverage giant Diageo has announced a strategic shift, including a plan to cut $500 million in costs and make “substantial asset disposals” by 2028. This move, aimed at streamlining operations and addressing challenging market conditions, has intensified industry speculation about the future of its global portfolio, including its controlling stake in East African Breweries [...] The post Diageo Plans $500M Cost Cuts, Asset Sales appeare…

Is EABL Next on the Market as Diageo Steadily Exits Africa?

East African Breweries Limited (EABL), one of the crown jewels in Kenya’s corporate sector, is now at the centre of market speculation following a broader strategic pivot by its parent… This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers! Subscribe Log In The post Is EABL Next on the Market as Diageo Steadily Exits Africa? appeared first on CEO East Africa.