Market Chatter: Kenya's High Court Postpones Hearing of Case Against Diageo's Sale of East African Breweries Stakes to Asahi

MT Newswires Live01-09

The High Court of Kenya has postponed the hearing of a case that seeks to block the $2.3 billion sale of a 65% stake in Diageo's (DEO) East African Breweries unit to Asahi Holdings, Reuters reported Friday, citing a lawyer representing Kenyan distributor Bia Tosha challenging the deal.

Earlier reports said the hearing was initially scheduled on Friday, and Reuters reported that the High Court has moved the date to Jan. 20.

The case was filed by Kenyan beer distributor Bia Tosha, seeking to halt the transaction while it has a pending litigation against Diageo that dates back to 2016, according to the report.

Diageo announced the deal in December and has said it expects to close the transaction in H2.

The High Court of Kenya and Diageo did not immediately respond to MT Newswires' requests for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2602327410?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-09 19:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2602327410","market":"nz","top_or_hot":-1,"title":"Market Chatter: Kenya's High Court Postpones Hearing of Case Against Diageo's Sale of East African Breweries Stakes to Asahi","media":"MT Newswires Live","content":"<html><body><p> The High Court of Kenya has postponed the hearing of a case that seeks to block the $2.3 billion sale of a 65% stake in Diageo's (DEO) East African Breweries unit to Asahi Holdings, Reuters reported Friday, citing a lawyer representing Kenyan distributor Bia Tosha  challenging the deal.</p><p>Earlier reports said the hearing was initially scheduled on Friday, and Reuters reported that the High Court has moved the date to Jan. 20.</p><p>The case was filed by Kenyan beer distributor Bia Tosha, seeking to halt the transaction while it has a pending litigation against Diageo that dates back to 2016, according to the report.</p><p>Diageo announced the deal in December and has said it expects to close the transaction in H2.</p><p>The High Court of Kenya and Diageo did not immediately respond to MT Newswires' requests for comments.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Kenya's High Court Postpones Hearing of Case Against Diageo's Sale of East African Breweries Stakes to Asahi</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Kenya's High Court Postpones Hearing of Case Against Diageo's Sale of East African Breweries Stakes to Asahi\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-01-09 19:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> The High Court of Kenya has postponed the hearing of a case that seeks to block the $2.3 billion sale of a 65% stake in Diageo's (DEO) East African Breweries unit to Asahi Holdings, Reuters reported Friday, citing a lawyer representing Kenyan distributor Bia Tosha  challenging the deal.</p><p>Earlier reports said the hearing was initially scheduled on Friday, and Reuters reported that the High Court has moved the date to Jan. 20.</p><p>The case was filed by Kenyan beer distributor Bia Tosha, seeking to halt the transaction while it has a pending litigation against Diageo that dates back to 2016, according to the report.</p><p>Diageo announced the deal in December and has said it expects to close the transaction in H2.</p><p>The High Court of Kenya and Diageo did not immediately respond to MT Newswires' requests for comments.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4559","symbol_name":"巴菲特持仓","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2602327410","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2602327410","pubTimestamp":1767957368,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"The High Court of Kenya has postponed the hearing of a case that seeks to block the $2.3 billion sale of a 65% stake in Diageo's  East African Breweries unit to Asahi Holdings, Reuters reported Friday, citing a lawyer representing Kenyan distributor Bia Tosha  challenging the deal.Earlier reports said the hearing was initially scheduled on Friday, and Reuters reported that the High Court has moved the date to Jan. 20.The case was filed by Kenyan beer distributor Bia Tosha, seeking to halt the transaction while it has a pending litigation against Diageo that dates back to 2016, according to the report.Diageo announced the deal in December and has said it expects to close the transaction in H2.The High Court of Kenya and Diageo did not immediately respond to MT Newswires' requests for comments.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4559":"巴菲特持仓","DGE.UK":"帝亚吉欧","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4169":"酿酒商与葡萄酒商","DEO":"帝亚吉欧"},"translate_title":"市场热议：肯尼亚高等法院推迟审理帝亚吉欧将东非啤酒厂股份出售给朝日啤酒的案件","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DEO":1,"DGE.UK":0.6},"content_text":"The High Court of Kenya has postponed the hearing of a case that seeks to block the $2.3 billion sale of a 65% stake in Diageo's (DEO) East African Breweries unit to Asahi Holdings, Reuters reported Friday, citing a lawyer representing Kenyan distributor Bia Tosha  challenging the deal.Earlier reports said the hearing was initially scheduled on Friday, and Reuters reported that the High Court has moved the date to Jan. 20.The case was filed by Kenyan beer distributor Bia Tosha, seeking to halt the transaction while it has a pending litigation against Diageo that dates back to 2016, according to the report.Diageo announced the deal in December and has said it expects to close the transaction in H2.The High Court of Kenya and Diageo did not immediately respond to MT Newswires' requests for comments.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2602327410","isCrawlerRequest":true}