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British firm Diageo considers selling stake in East African Breweries Ltd

British multinational Diageo Plc is exploring the potential sale of its majority stake in East African Breweries Ltd. (EABL), as part of a broader strategy to streamline operations and unlock capital for growth. The move comes amid continued financial underperformance at EABL and follows Diageo’s ongoing divestment from several African markets. According to a company […]

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