If the CMA approves Diageo Kenya’s shares purchase, the buyer will push its shareholding from 50.03 per cent to 65 per cent (514,003,331 shares).
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The Logistics firm was founded in 2015 by Mesh Alloys, Evanson Biwott, Don Okoth and Malaika Judd.
Safaricom Ethiopia is building a wholly-owned mobile network and has infrastructure sharing and interconnection agreements with Ethio Telecom.
Britannia Industries has acquired a 51% stake in Kenya’s Kenafric Biscuits (KBL) while fully taking over Catalyst Britania Brands.
The Treasury now controls Telkom Kenya after acquiring a 60 per cent stake in Telkom Kenya from British investment firm…
Ethiopian Airlines also owns 45% of Zambia Airways, 49% of Guinea Airways, 100% of Ethiopia-Mozambique Airlines, 49% of Chad Airlines, and 49% of Air Malawi.