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The Standard Group Plc is a
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Britam shareholders have agreed to dilute their stake by 10.37 per cent and bring on board International Finance Corporation in a deal worth Sh3.55 billion.
The deal will see the firm, an investment arm of World Bank, inject Sh3.55 billion in the insurer and buy about 224.2 million ordinary shares at Sh15.85 per share.
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