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.