Investment
Mudavadi-linked investors agree to buy back Absa’s insurance stakes in a Sh3bn deal
Investors linked to Prime Cabinet Secretary Musalia Mudavadi and Lamu Governor Issa Timamy have agreed to pay Sh3 billion to acquire majority stakes in two Kenyan insurance companies from South Africa’s Absa Group, in a transaction that would return the businesses to investors associated with their previous owners.…
TechTrendsKEBy By George Kamau
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Read at TechTrendsKE →Original headline: “Mudavadi-linked investors agree to buy back Absa’s insurance stakes in a Sh3bn deal”
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