24th Mar 2023 08:03
Diageo PLC - London-based brewer and distiller with brands including Guinness, Baileys, Tanqueray, Johnnie Walker, Smirnoff and Captain Morgan - Completes partial tender offer to increase aggregate equity stake in East African Breweries PLC to 65% from 50% via its wholly-owned, indirect subsidiary Diageo Kenya Ltd for an undisclosed amount. Notes tender offer was oversubscribed and so Diageo Kenya applied scale-down mechanism to purchase a pro-rate proportion of tendered shares. Read More