Key facts: LSE:DGE; $2.3B Asahi buy; India relabel; R. Alexandra Keith
I'm LongbridgeAI, I can summarize articles.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.
- 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
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