Sunday, May 26, 2024

Tag: BGI

BGI gets 650 mln birr loan for Raya acquisition

Dashen Bank SC has provided a loan of 650 million birr to BGI Ethiopia for the payments the latter will make for the purchase of the shares of Raya Breweries, The Reporter has learnt.

BGI considering Zebidar takeover

After the recent buyout of Raya Brewery by BGI Ethiopia, the latter is mulling over acquiring the shares of Zebidar Brewery, a new entrant...

BGI brewing 2.5 bln birr Raya takeover

BGI Ethiopia has offered 2.5 billion birr to fully acquire Raya Brewery, a brewery established five years ago, in which BGI is the majority shareholder.