Diageo Kenya Agrees to Sell Glass-Making Unit to Consol Glass
All issued shrs of Central Glass Industries will be sold to South African co., Nairobi-based East African Breweries says in statement in Daily Nation newspaper.
* Transaction subject to approval of shrholders, Competition Authority of Kenya; * NOTE: Diageo Plc owns >50% of EABL; * NOTE: March 9, EABL Names Barclays Kenya, CfC Stanbic as Advisers on 3-Yr Bond. Source: Bloomberg