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