Why CAK wants 4% of Ksh304.6B EABL takeover set aside for third-party liabilities
This story has significance for readers across Kenya and beyond.
The proposed Ksh304.6 billion Diageo-Asahi EABL deal has taken a new turn after the Competition Authority of Kenya (CAK) proposed a 4 per cent reserve fund to cover third-party liabilities and legal claims arising after the merger. The condition emerged during a meeting between CAK officials and the National Assembly’s Departmental Committee on Finance and […]
Reporting originally appeared via People Daily. Read the full source for additional context.