Kenyan distributor asks court to block Diageo stake sale to Asahi

Bia Tosha, a former Diageo distributor in Kenya, has asked a local court to halt the sale of the UK spirits major's stake in its business in the country to Asahi. The firm applied for an ex parte injunction to block the stake sale yesterday (6 January) but that has been refused as the judge requested to hear from both sides in the case, Just Drinks understands. Reports earlier today (7 January) from Bloomberg and Reuters said Bia Tosha had asked the High Court in Kenya to halt the sale due to legal acti ...