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TSX:2502 News 17 December 2025 - 12 January 2026

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

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

London, Jan 12, 2026, 08:20 GMT — Regular session Diageo shares ticked higher Monday following a Kenyan High Court ruling that permitted regulatory approval procedures to proceed for the spirits giant’s planned sale of its East African beer unit to Japan’s Asahi. However, the court put a hold on the deal’s final steps. (MarketScreener UK) This deal is key because it aims to unlock cash and slash leverage — essentially trimming net debt against earnings — just as investors push the Johnnie Walker and Guinness producer to strengthen its balance sheet. Diageo climbed roughly 1.4% to near 1,653 pence, following
Diageo Shares Jump on $2.3bn Asahi Deal: What Today’s Kenya Exit Means for a Turnaround, Dividends and the £16 “Value” Debate

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

Diageo (LSE: DGE) is back in focus on 17 December 2025 after agreeing to sell its 65% stake in East African Breweries (EABL) to Asahi for $2.3bn. Here’s what the deal means for debt, dividends, and whether the share-price slump since 2022 is finally setting up a recovery. Investegate+2Reuters+2 London-listed drinks giant Diageo—the owner of Johnnie Walker and Guinness—has delivered one of its biggest corporate headlines of 2025, agreeing to sell its controlling stake in East African Breweries (EABL) to Japan’s Asahi Group in a transaction expected to generate estimated net proceeds of $2.3 billion after tax and transaction costs.
Diageo Shares Jump After $2.3bn Asahi Deal: Guinness Owner Sells East African Breweries Stake as Turnaround Debate Intensifies

Diageo Shares Jump After $2.3bn Asahi Deal: Guinness Owner Sells East African Breweries Stake as Turnaround Debate Intensifies

LONDON — Diageo shares are back in the spotlight on Wednesday, December 17, 2025, after the FTSE 100 drinks giant behind Guinness and Johnnie Walker agreed to sell its majority position in East African Breweries to Japan’s Asahi Group Holdings in a deal worth about $2.3 billion. Reuters+1 The announcement lands at a sensitive moment for investors: Diageo’s share price has been under heavy pressure for years, and the stock’s fall from its early‑2022 peak has fuelled a growing question in UK markets—is this a rare long-term buying opportunity, or a value trap until core demand recovers? TradingView+1 What Diageo

Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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