Diageo Said to Tap BofA, Goldman for East African Unit Review

Diageo Said to Tap BofA, Goldman for East African Unit Review

Diageo Plc has picked Bank of America Corp. and Goldman Sachs Group Inc. for a strategic review of East African Breweries Ltd., people familiar with the matter said, as the distiller looks to an asset light model to free up capital for reviving growth.

Diageo Considers EABL Sale Amid Exit From African Beer Markets

Bloomberg has reported that British multinational Diageo has appointed Bank of America and Goldman Sachs to oversee a review of its 65% stake in East African Breweries Limited (EABL). The... The post Diageo Considers EABL Sale Amid Exit From African Beer Markets appeared first on CEO East Africa.

Diageo 'to carry out review of East African Breweries' - Just Drinks

The sale could just feature East African Breweries' beer business, people familiar with the matter told Bloomberg.

Diageo reviewing East African Breweries business – Bloomberg

Diageo is reportedly conducting a strategic review of its East African Breweries Ltd (EABL) subsidiary, which could include a potential sale of the beer business, according to Bloomberg.

Diageo Said to Tap BofA, Goldman for East African Arm Review

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