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.
