Business
Launch of partial tender offer
Launch of partial tender offer.
About this update from Diageo Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n Launch of partial tender offer for shares in East African Breweries PLC\n \n \n \n \n \n \n \n 6 February 2023, London\n \n - Today, following the announcement made on 14 October 2022, Diageo, through its wholly-owned indirect subsidiary, Diageo Kenya Limited (\"Diageo Kenya\"), announces that it has launched a partial tender offer to increase its aggregate equity stake in East African Breweries PLC (\"EABL\") from its current 50.03% to a maximum of 65%.\n \n \n The tender offer price is Kenyan Shillings 192.00 per ordinary share and the maximum number of shares subject to the tender offer is 118,394,897. The tender offer period will run from 6 February 2023 to 17 March 2023. Further details are set out in the tender offer documents, which are available to shareholders of EABL on http://www.diageokenya-eabloffer.com.\n \n \n \n For further information please contact:\n \n \n \n \n \n \n \n \n \n Investor relations\n \n :\n \n \n Durga Doraisamy +44 (0) 7902 126 906\n \n \n Andy Ryan +44 (0) 7803 854 842\n \n \n \n [email protected]\n \n \n \n Media relations\n \n :\n \n \n Clare Cavana +44 (0) 7751 742 072\n \n \n Isabel Batchelor +44 (0) 7731 988 857\n \n \n ...