Kenya's Machakos High Court froze the $2.3B Diageo EABL deal on June 22, blocking Asahi's acquisition as four petitions challenge the sale. Hearing set July 2.
KENYA · BUSINESS
Key Facts
—The transaction: Diageo is selling its 65% controlling stake in East African Breweries (EABL) to Japan’s Asahi Group for about 340 billion shillings ($2.3 billion).
—The freeze: On June 22, 2026, the Machakos High Court issued an injunction halting final approval of the deal.
—The regulator: The order leaves the Competition Authority of Kenya unable to ratify the acquisition for now.
Chief Justice caught in face-off over Sh340bn Diageo-Asahi deal
Diageo promotes Musunga to Africa role as brewer prepares Kenya exit
Heineken gets Sh250m bank guarantee as it fights Kiuna’s claim
Appeals Court lifts order blocking govt sale of Safaricom stake to Vodacom
