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Japan's Asahi Group to buy Diageo's Kenya units for $3bn in push into East Africa

( December 18, 2025, 03:51 GMT | Official Statement) -- MLex Summary: Major Japanese brewer Asahi Group Holdings agreed on Wednesday to acquire 100 percent of Diageo Kenya and a 53.68 percent stake in UDV (Kenya) from Diageo for $3 billion, as it seeks to expand its beer business in East Africa. Asahi said the acquisition of Diageo Kenya is subject to clearance by competition authorities in Kenya, Uganda and Tanzania. The Tokyo-based company aims to close the deal in the second half of 2026, or no later than December 2026.The statement in English follows, and the statement in Japanese is attached: ...

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