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TSX:2502 4 October 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

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.
12 January 2026
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 agreed to sell its 65% stake in East African Breweries to Asahi for $2.3 billion, with the deal expected to close in the second half of 2026 pending approvals. The transaction will reduce Diageo’s leverage by about 0.25x. Diageo shares rose 2.3% after the announcement. The company will retain brand presence in East Africa through long-term licensing agreements.
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

Diageo agreed to sell its 65% stake in East African Breweries to Asahi Group for about $2.3 billion, with completion expected in the second half of 2026. The deal values EABL at $4.8 billion. Diageo shares rose to around 1,720p in London after the announcement but remain far below their 2022 peak of over 4,000p. Diageo will keep a regional presence through licensing agreements.
Tech Turmoil: AI Mega-Deals, Big Tech Battles & Space Surprises Rock October 2025

Tech Turmoil: AI Mega-Deals, Big Tech Battles & Space Surprises Rock October 2025

OpenAI signed a multi-year deal to buy hundreds of thousands of AI chips from AMD, sending AMD shares up 34% in one day. The agreement could generate over $100 billion for AMD and gives OpenAI an option for a 10% stake. An AMD executive called the partnership “transformative” for the industry.
AI Breakthroughs, Cyber Attacks & a $50B Gaming Shock – Tech News Roundup (Oct 4-5, 2025)

AI Breakthroughs, Cyber Attacks & a $50B Gaming Shock – Tech News Roundup (Oct 4-5, 2025)

OpenAI’s Sora 2 generative video app reached 56,000 downloads on its first day, topping Apple’s U.S. App Store. Electronic Arts is in advanced talks for a $50 billion buyout to go private. Japan’s Asahi Breweries halted production after a cyberattack, while WestJet confirmed a data breach exposing thousands of passport scans. OpenAI’s valuation hit $500 billion after a $6.6 billion secondary share sale.
AI Bubble Alarms, Pixel 10 Launch & Beer Shortages: Tech News Roundup (Oct 3–4, 2025)

AI Bubble Alarms, Pixel 10 Launch & Beer Shortages: Tech News Roundup (Oct 3–4, 2025)

Amazon’s Jeff Bezos warned of an “industrial bubble” in AI investment, echoing concerns from OpenAI’s Sam Altman about coming “booms and busts.” Google launched its Pixel 10 lineup and Pixel Watch 4 with upgraded chips and AI features. A ransomware attack halted Asahi Breweries’ beer production in Japan for five days. OpenAI’s valuation hit $500 billion after employee stock sales, surpassing SpaceX and ByteDance.

Stock Market Today

  • ASX Set to Decline as Oil Prices Ease Amid US-Iran Talks; James Hardie Reports Mixed Q4 Results
    May 19, 2026, 8:28 PM EDT. Australian shares are expected to dip on Wednesday as oil prices retreat following encouraging news from US-Iran negotiations, reducing immediate conflict concerns. Despite the pullback, crude remains at elevated levels, influencing market sentiment. Building materials company James Hardie Industries reported a decline in adjusted earnings for fiscal Q4 but posted higher net sales, reflecting mixed performance. The market awaits further developments in geopolitical and corporate earnings ahead.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
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