Diageo Sells Seychelles Breweries Stake in Strategic African Realignment
In a significant advancement regarding its investment strategy in Africa, Diageo, the renowned global beverage company, has decided to divest its majority stake in Seychelles Breweries for an estimated $80 million. This strategic move signifies a crucial shift as the company reevaluates its presence on the continent amidst changing market conditions. The decision comes at a time when Diageo is facing economic challenges…
Source link : https://afric.news/2025/04/29/diageo-cashes-in-80m-sale-of-seychelles-breweries-marks-strategic-shift-in-africa/
Author : AfricNews
Publish date : 2025-04-29 03:59:00
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