(CercleFinance.com) – Diageo, through its wholly-owned indirect subsidiary, Diageo Kenya Limited, announces that it has launched a partial tender offer to increase its overall stake in East African Breweries PLC (‘EABL’), from its current 50.03% to a maximum of 65%.
The tender offer price is KES 192.00 per ordinary share and the maximum number of shares subject to the tender offer is 118,394,897.
The public offer period will run from February 6, 2023 to March 17, 2023.
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