Article
EABL, Diageo Transaction Holds Steady As CAK Imposes New Remedies
The Competition Authority of Kenya has imposed unusual remedies on the Diageo-Asahi transaction involving East African Breweries, requiring a USD 115 million reserve fund and retail refrigeration space allocation. These unprecedented conditions have sparked debate about the scope of merger control powers and raised questions about whether securing pre-existing liabilities falls within proper regulatory authority.
BREMER LF WLL