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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Barclays has raised 603 million pounds ($876 million) by selling a 12.2 percent stake in Barclays Africa Group, a crucial first step in a plan to curb risk and refocus on core markets in Britain and United States.
Barclays is selling down its 62 percent stake in the South African lender as part of a plan to simplify the bank's structure, shore up its balance sheet and generate higher shareholder returns.
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