Dec 17 : Diageo, the world's largest spirits maker, plans to sell its 65 per cent stake in East African Breweries to Japan's Asahi Holdings for about $2.3 billion, the maker of Johnnie Walker whisky and Guinness beer said on Wednesday. The London-listed company has been grappling with tariff hikes in the Uni

Dec 17 : Johnnie Walker and Guinness maker Diageo has agreed to sell its 65 per cent stake in East African Breweries to Japan's Asahi Holdings for $2.3 billion.The deal values EABL, the largest beer business in East Africa and maker of popular local brands like Tusker, at around $4.8 billion, the two companie