NSE:EABL

Diageo shares rise as Kenya court keeps $2.3bn Asahi deal moving

Diageo shares rose about 1.4% in early London trading after a Kenyan court allowed regulatory reviews to proceed on its planned $2.3 billion sale of East African Breweries to Asahi. The court paused the deal’s final steps until Jan. 20. The case stems from a challenge by Bia Tosha Distributors. Diageo will report interim results on Feb. 25.

12 January 2026

LSE:DGE·NSE:EABL·TSX:2502

Diageo plc stock: Kenya court delay keeps $2.3bn Asahi deal in focus ahead of next week

Kenya’s High Court delayed a hearing on blocking Diageo’s $2.3 billion sale of EABL to Asahi until Jan. 20, allowing regulatory steps to continue. Diageo shares rose 1.75% to 1,630 pence but remain near their 52-week low. Investors await both the court’s decision and Diageo’s interim results on Feb. 25 for updates on cash flow and debt.

10 January 2026

LSE:DGE.L·NSE:EABL·Stock Market·TSX:2502.T

Diageo stock rises as Kenyan court delays hearing on $2.3 billion EABL sale to Asahi

Diageo shares rose nearly 2% in London after a Kenyan court postponed a hearing on a bid to block its $2.3 billion sale of East African Breweries to Asahi to Jan. 20. The court barred finalizing the deal before that date but allowed regulatory steps to proceed. The legal challenge was filed by distributor Bia Tosha. Diageo will report interim results on Feb. 25.

9 January 2026

LSE:DGE.L·NSE:EABL·TSX:2502.T

Diageo Shares Jump on $2.3bn Asahi Deal: What Today’s Kenya Exit Means for a Turnaround, Dividends and the £16 “Value” Debate

Diageo agreed to sell its 65% stake in East African Breweries to Asahi for $2.3 billion, with the deal expected to close in the second half of 2026 pending approvals. The transaction will reduce Diageo’s leverage by about 0.25x. Diageo shares rose 2.3% after the announcement. The company will retain brand presence in East Africa through long-term licensing agreements.

17 December 2025

Dividends·LSE:DGE·NSE:EABL·Stock Market·TSX:2502

InterContinental Hotels Group to Cancel 76,481 Shares Bought in Buyback
March 20, 2026, 5:40 AM EDT. InterContinental Hotels Group (IHG) purchased 76,481 ordinary shares on March 19, 2026, through Goldman Sachs International as part of its Annual General Meeting-authorized share buyback program. The shares were acquired on the London Stock Exchange, with prices ranging from $127.05 to $131.35, averaging $129.73 per share. The company plans to cancel these shares, reducing the total shares outstanding to 150,524,341, excluding 5,431,782 shares held in treasury. This move follows instructions issued on February 17, 2026, reinforcing IHG's commitment to returning value to shareholders through share consolidation.