The legal dispute concerns the proposed sale of 65 percent of shares held by the United Kingdom’s Diageo PLC in EABL to Japan’s Asahi Group Holdings, a transaction valued at about $2.3 billion...

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.

The legal dispute concerns the proposed sale of 65 percent of shares held by the United Kingdom’s Diageo PLC in EABL to Japan’s Asahi Group Holdings, a transaction valued at about…