Minority investors in Serengeti Breweries to pay KSh3.2 billion in EABL’s debt-equity conversion deal

[Kenyan Wallstreet - Kenya] - 11/09/2019
Non-controlling shareholders in the Tanzania company – Serengeti Breweries – are set to pump an additional KSh3.2 billion capital into the company, as part of a debt conversion deal with the East African Breweries Limited (EABL). The deal, entered in June 2018, saw Serengeti Breweries’ Ksh15.3 (...)
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