East African Breweries sells glass subsidiary

East African Breweries Limited (EABL) has announced the conclusion of the sale of one its subsidiaries, Central Glass Industries, to South Africa’s Consol Glass Africa Proprietary.

EABL, controlled by Britain’s Diageo, said in April it planned to sell the bottle-making subsidiary subject to the approval of the regulator, the Competition Authority of Kenya, and its shareholders.
The sale price has not been disclosed.