The High Court has dismissed an application seeking to stop the proposed acquisition of a majority stake in East African Breweries PLC (EABL) by Japan’s Asahi Group Holdings, paving the way for the transaction to proceed pending final regulatory approval. In a ruling delivered on June 17, Justice Gregory Mutai declined to grant conservatory orders
A multi-billion shilling dispute between Kenya Breweries Limited (KBL) and Jilk Construction Company has moved to the High Court, with both sides battling over corruption allegations, a disputed Ksh 2.4 billion claim, and a fight over legal representation. At the Centre of the dispute is “Project Nafasi,” a Ksh 15 billion brewery project in Kisumu