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[Jan 2018] Dawit Gebregziabher Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Raya’s Shareholders Cash in 742pc of Par

Shareholders of Raya Brewery positively welcomed the full acquisition from BGI Brewery with an amount they could only gain in 53 years as a return if they decide to hold their shares in the Company.

Gathered in Meqelle- 797.4Km from Addis Abeba, the brewery’s shareholders approved and lauded BGI’s, the major shareholder of the company, bid in their fourth annual general meeting held yesterday at Axum Hotel.

As a strategic move to control a substantial market share in the northern parts of the country, BGI

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