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TSX:2502.T News 7 January 2026 - 10 January 2026

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

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

London, Jan 10, 2026, 08:20 GMT — Market closed Kenya’s High Court has pushed the hearing on a bid to block Diageo’s $2.3 billion sale of its local unit EABL to Japan’s Asahi Holdings to Jan. 20. Judge Bahati Mwamuye said the involved parties can proceed with preliminary moves, provided the deal isn’t finalized before that date. EABL responded, “We welcome the court’s decision to allow the regulatory phases of this transaction to continue.” The lawsuit was brought by Kenyan beer distributor Bia Tosha, tied to a dispute going back to 2016. Despite the hold-up, the deal parties still aim
10 January 2026
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Diageo stock rises as Kenyan court delays hearing on $2.3 billion EABL sale to Asahi

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

LONDON, Jan 9, 2026, 10:46 GMT — Regular session Diageo (DGE.L) shares rose on Friday after a Kenyan court postponed a hearing on a bid to block the drinks maker’s $2.3 billion sale of East African Breweries to Japan’s Asahi Holdings. The stock was up about 2% at 1,634 pence in mid-morning trade. The case lands at a touchy moment for Diageo, which has been leaning on asset sales to bring in cash and curb debt. A delay in one of its bigger disposals would complicate that timetable. Investors have also been watching whether spirits demand is steadying, particularly in
9 January 2026
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Diageo share price slides as Kenyan court bid targets $2.3bn Asahi deal

Diageo share price slides as Kenyan court bid targets $2.3bn Asahi deal

London, Jan 7, 2026, 09:01 GMT — Regular session Diageo (DGE.L) shares slipped on Wednesday after a Kenyan beer distributor lodged a lawsuit seeking to block the spirits maker’s planned $2.3 billion sale of East African Breweries (EABL) to Japan’s Asahi Holdings. The stock was down 1.4% at 1,620.5 pence by 0900 GMT, after trading between 1,606 and 1,649 pence, and sits about 2.6% above its 52-week low. Diageo did not immediately respond to a request for comment. Reuters+1 The court challenge lands as investors weigh Diageo’s push to simplify its portfolio and strengthen its balance sheet. Diageo, maker of
7 January 2026
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Stock Market Today

Meta stock faces an AI split: ad gains vs a $135 billion bill

Meta stock faces an AI split: ad gains vs a $135 billion bill

7 February 2026
Meta shares dropped 1.3% to $661.46 on Friday after the company projected 2026 capital spending of up to $135 billion, raising investor concerns over cash flow. Meta reported Q4 revenue of $59.89 billion, up 24% year-over-year, with ad impressions rising 18%. Analysts remain divided on whether AI-driven ad gains can offset the steep spending ramp.
IAG share price jumps toward a 52-week peak — what to watch before London reopens

IAG share price jumps toward a 52-week peak — what to watch before London reopens

7 February 2026
IAG shares rose 4.33% to 438.50 pence Friday, near their 52-week high, ahead of full-year results due later this month. The company reported 162,073,135 treasury shares and total voting rights of 4,565,128,012. Brent crude fell 2.2% Thursday to $67.93 a barrel. South Europe Ground Services logged 712,340 operations in 2025 and seeks approval to operate in Portugal.
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