Asahi Group to Acquire Stake in Leading East African Beverage Companies
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Asahi Group Holdings Ltd. will acquire 100% of Diageo Holdings Netherlands B.V. and 53.68% of Diageo Great Britain Limited’s UDVK unit for $2,354 million. The deal is expected to close in the second half of 2026, pending approvals in Kenya, Uganda, and Tanzania. Asahi will finance the acquisitions through borrowings or cash on hand, with no plans to issue new shares. No impact on financial results for the fiscal year ending December 2025 is anticipated.
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