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The Standard e-Paper
Kenya's Bold Newspaper
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.
Old Mutual says it has received all regulatory approvals for the acquisition of a further 37.3 per cent of UAP Holdings. Following completion of this acquisition, which is expected within the next two months, Old Mutual will hold a stake of 60.7 per cent in UAP.
This follows announcements by Old Mutual in January that it had acquired 23.3 per cent of UAP Holdings, and intended to purchase a further stake held by the Abraaj Group, AfricInvest and Swedfund of 37.3 per cent.
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