--- title: "Key facts: LSE:DGE; $2.3B Asahi buy; India relabel; R. Alexandra Keith" type: "News" locale: "en" url: "https://longbridge.com/en/news/296189282.md" description: "Diageo agreed to sell its 65% stake in East African Breweries to Asahi for ~$2.3B, pending resolution of Kenyan legal challenges and a KSh15B reserve request. In India, Diageo's United Spirits will reformulate whiskies and rums to remove added flavorings and implement front-of-pack labeling, potentially lifting state production bans. Additionally, R. Alexandra Keith was named Non-Executive Director, effective Nov 5, 2026." datetime: "2026-08-18T07:14:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296189282.md) - [en](https://longbridge.com/en/news/296189282.md) - [zh-HK](https://longbridge.com/zh-HK/news/296189282.md) generator: "portal-rs" --- # Key facts: LSE:DGE; $2.3B Asahi buy; India relabel; R. Alexandra Keith - Diageo (DGE) agreed in Dec 2025 to sell its 65% stake in East African Breweries to Asahi for ~$2.3B. Kenyan legal challenges and a KCA request for a ~KSh15B ($115M) reserve affect the deal. Reuters - Diageo's India unit United Spirits will reformulate several whiskies and rums to remove added whisky/rum flavorings, implement front‑of‑pack labeling; regulator may lift state production bans. Reuters - Diageo plc Sponsored ADR (DGE) named R. Alexandra Keith as Non-Executive Director, effective Nov 5, 2026 pending shareholder approval; she will join Diageo’s Remuneration and Nomination Committees. 2 sources **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources. ### Related Stocks - [DEO.US](https://longbridge.com/en/quote/DEO.US.md) - [DGE.UK](https://longbridge.com/en/quote/DGE.UK.md) - [2502.JP](https://longbridge.com/en/quote/2502.JP.md) ## Related News & Research - [CMH Wealth Management LLC Sells 11,413 Shares of Diageo plc $DEO](https://longbridge.com/en/news/297618931.md) - [Guinness owner drops responsible drinking targets from boss’s bonus](https://longbridge.com/en/news/297656061.md) - [Nedbank wins Kenya central bank approval for bid to buy 66% of NCBA Group](https://longbridge.com/en/news/297512562.md) - [Artisanal Spirits Company sets date for half-year results and investor briefings](https://longbridge.com/en/news/297739250.md) - [Remus Bourbon Celebrates 10 Years of Repeal Reserve with Series X and its First-Ever Rye Whiskey | MGPI Stock News](https://longbridge.com/en/news/297798595.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**