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.
Fidelity Bank’s planned sale for a paltry Sh100 to SBM Holdings of Mauritius has received shareholders’ approval.
The two institutions are now expected to sign a share purchase agreement after which the sale will be subject to approval by banking industry regulators in Kenya and Mauritius.
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