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Kenya gives Asahi Group approval to acquire Diageo Kenya assets

Kenya gives Asahi Group approval to acquire Diageo Kenya assets 

- 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))

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