Kenya gives Asahi Group approval to acquire Diageo Kenya assets
Kenya gives Asahi Group approval to acquire Diageo Kenya assets NAIROBI, Sept 11 (Reuters) - Kenya's competition authority has approved an application from Japan's Asahi Group Holdings Limited 2502.T to acquire sole control of Diageo Kenya Limited and of UDV Kenya limited, the authority said on Friday.
The authority said in a statement it approved the transaction involving Diageo Kenya on condition that the merged entity would reserve at least 20% of the refrigeration space provided to retail outlets for non-EABL or Asahi-branded products.
(Reporting by George Obulutsa
Editing by Tomasz Janowski)((george.obulutsa@thomsonreuters.com; Reuters Messaging: george.obulutsa.thomsonreuters.com@reuters.net))
Recent news on Asahi group
See all newsJapan to simulate cyberattacks as PHP flaws roil global internet (updated)
Japan to simulate cyberattacks as PHP flaws roil global internet
Australia's Orora rises as Morningstar backs strong cans segment
Shares of Japan beer makers fall after raids over cartel suspicion (updated)
Major Japanese beer companies raided over accusations of cartelisation