The brewer said a series of proceedings filed in different High Court stations had created a risk of conflicting decisions by courts of concurrent jurisdiction over the same deal.
By
Joseph Wangui
Correspondent
Nation Media Group
East African Breweries Limited (EABL) has asked Chief Justice Martha Koome to intervene in the growing number of court battles surrounding the planned Sh340 billion sale of British multinational Diageo’s entire 65 percent stake in the regional brewer, as well as its holding in spirits maker UDV Kenya, to Japanese beverage firm Asahi Group Holdings.
EABL has written to the Chief Justice seeking intervention over conflicting High Court orders surrounding the proposed Sh300…
The fresh application by Bia Tosha comes barely a month after Justice Bahati Mwamuye dismissed a near-identical request on April…
The ruling came weeks after a Nairobi beer distributor, Bia Tosha Distributors Limited, lost twin bids to stop the transaction…
Bia Tosha Distributors Limited has suffered a major setback after the court dismissed its second attempt to stop the sale of…
The Japanese brewer is expected to introduce brands to East Africa after completing the acquisition.
Although the court left room for the underlying constitutional petition to be heard later, Justice Mutai found no link between…
