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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.
Acorn Group and Helios Investment Partners (acting on behalf of funds it advises) have announced that they have agreed to enter into a joint venture to form a development platform focused initially on Kenya, subject to the necessary regulatory approvals.
Acorn, a property developer based in Nairobi, has since establishment in 2001, completed over 40 projects, with a combined asset value greater than $550 million.
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