Friday, May 29, 2026
  • About
  • Advertise
  • Careers
  • Contact
NewsTrendsKE
  • Business
    • Deals
  • OpEds
  • Sustainability
  • Women in Business
  • Lifestyle
  • Featured
  • Technology
    • Phones
  • Sports
  • World
  • Contact Us
No Result
View All Result
NewsTrendsKE
No Result
View All Result

Home » Business » Bia Tosha Abandons Multi-Billion Claim, Clearing Legal Path for Diageo-Asahi Deal

Bia Tosha Abandons Multi-Billion Claim, Clearing Legal Path for Diageo-Asahi Deal

Queen Amber by Queen Amber
9 hours ago
in Business
Reading Time: 3 mins read
A A
Share on FacebookShare on TwitterShare on WhatsApp

In a major legal climbdown at the High Court today, beer distributor Bia Tosha Distributors Limited formally withdrew the most expansive elements of its lawsuit against East African Breweries PLC (EABL) and Diageo. The strategic retreat effectively abandons the distributor’s substantive legal challenge to the impending $2.3 billion Diageo-Asahi transaction and drops a KSh 45 billion financial claim.

 During the session, Senior Counsel Kiragu Kimani, representing Bia Tosha, informed the court that the petitioner was prepared to abandon its “Further Amended Petition” dated 30 January 2026, alongside all supporting expert reports and affidavits. The presiding judge formally marked the 2026 petition as withdrawn and ordered the accompanying documents expunged from the record, breaking a procedural deadlock and paving the way for an expedited hearing.

Also Read

Emmanuel Osinde, brand ambassador of Luxury and premium spirits at Diageo

How One Sip Ignited My Tequila Passion

25 August 2025
Angeliqua Rivera

Angeliqua Rivera Makes History in Diageo World Class Bartender Competition

31 July 2025
Load More

 The Abandoned Claims

The expunged January 2026 petition was the anchor of Bia Tosha’s recent effort to intertwine a historical distribution conflict with a global corporate acquisition. The distributor had sought to use the amended filings to legally block Diageo’s sale of its 65% stake to Japan’s Asahi Group Holdings — a transaction that constitutes a change of majority shareholder rather than a change in the corporate entity itself.

 Today’s withdrawal of the substantive challenge follows a critical setback on 9 April 2026, when the High Court dismissed Bia Tosha’s interlocutory application seeking conservatory orders to halt the deal. By voluntarily expunging the 2026 pleadings today, Bia Tosha has effectively removed its attempt to block the share sale from the Constitutional Court’s docket entirely.  

 What Remains of the Case

With the contested 2026 amendments stripped away, the legal battle reverts to the “Amended Petition” dated 20 June 2016.

 What is left of Bia Tosha’s case is the decade-old foundational dispute: a conflict over the termination of exclusive distribution routes in Nairobi and a claim for the refund of approximately KSh 38.3 million paid as goodwill. The court will now focus squarely on these historical commercial and distributorship grievances, shedding the complex, fact-intensive corporate disputes that the 2026 amendments had attempted to introduce.

 Accelerated Timelines

The withdrawal was welcomed by the legal teams for EABL and Diageo — including Senior Counsels Kamau Karori and George Oraro — who noted their clients’ eagerness to finally conclude the oldest pending matter in the Constitutional Division. To ensure the case moves swiftly, the court issued strict new timelines:

 • Respondents: EABL, Diageo, and other interested parties have 14 days to file cleaned-up responses limited strictly to the 20 June 2016 petition.

 • Petitioner: Bia Tosha will have 10 days thereafter to file any supplementary replies.

 • Pending Applications: Several pending interlocutory applications — including contempt of court motions — will be held in abeyance so as not to derail the main hearing. Costs regarding the withdrawn petition will be determined in the final judgment.

The court has scheduled a mention for 2 July 2026, to confirm compliance and resolve whether the hearing will require cross-examination of witnesses or proceed purely on written affidavits. The substantive hearing on the 2016 petition is locked in for 20 July 2026.

Tags: diageo
Previous Post

I&M Bank Medium Term Note Begins Trading on the Nairobi Securities Exchange

Next Post

Angola Rewrote the Rules for Oil Investment – Other African Producers Must Take Notes

Related Posts

Emmanuel Osinde, brand ambassador of Luxury and premium spirits at Diageo
OpEds

How One Sip Ignited My Tequila Passion

25 August 2025
Angeliqua Rivera
Lifestyle

Angeliqua Rivera Makes History in Diageo World Class Bartender Competition

31 July 2025
Screenshot

Sprite and Safaricom Celebrate Kenya’s Freshest Young Creators at the Hook’d on Fresh Awards

28 May 2026
Liberty Kenya Holdings Chief Executive, Kieran Godden speaking during the Liberty pension conference held in Nairobi

Liberty Kenya Targets Seniors, Children in Care With New Health Insurance Covers

13 May 2026
Shotoncamon

TECNO Launches Global ShotOnCAMON Challenge Giving Kenyans Chance to win 1Million and trip to Philipines through Mobile Photography

29 May 2026

Bia Tosha Abandons Multi-Billion Claim, Clearing Legal Path for Diageo-Asahi Deal

29 May 2026

KCSE 2025 KNEC Results Online-Only Access

9 January 2026
Kenya Tourism Board (KTB) CEO June Chepkemei (L) and EatOut Africa Director Mikul Shah ratify a joint initiative to market Kenya's culinary tourism sector through tech-driven visitor experiences at The Lake House Tigoni

Kenya Tourism Board Partners with EatOut Africa to Boost Culinary Tourism

29 May 2026
NewsTrendsKE

NewsTrendsKE

A News Blog For Readers Who Want More

Follow us on social media:

  • About
  • Advertise
  • Careers
  • Contact

©2026 NewsTrendsKE.

No Result
View All Result
  • Business
    • Deals
  • OpEds
  • Sustainability
  • Women in Business
  • Lifestyle
  • Featured
  • Technology
    • Phones
  • Sports
  • World
  • Contact Us

©2026 NewsTrendsKE.

Go to mobile version