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Diageo has enlisted Bank of America and Goldman Sachs to conduct a strategic review of its East African Breweries Ltd. (EABL) unit. The move aligns with Diageo’s shift toward an asset-light model to unlock capital for growth.
- Diageo is exploring strategic options for its 65%-owned East African Breweries Ltd. (EABL).
- A potential sale of the beer business could fetch around $2 billion.
- The review aligns with Diageo's shift toward an asset-light business model.
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