Kenya Approves Asahi’s Purchase of Diageo Unit for $2.3 Billion With Conditions
Deals·1 article across 1 outlet
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Kenya’s antitrust authority approved Diageo Plc’s sale of its East African unit on condition that it sets aside money to settle all liabilities that may arise after conclusion of the $2.3 billion deal.
The approval comes as part of the regulatory requirements to ensure that all potential financial obligations are addressed following the transaction.
KenyaDiageoAsahi
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“Kenya’s antitrust authority approved Diageo Plc’s sale of its East African unit on condition that it sets aside money to settle all liabilities that may arise after conclusion of the $2.3 billion”
Bloomberg — Kenya Approves Asahi’s Purchase of Diageo Unit With Conditions