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Dubai equity firm Abraaj Group acquires Java House for Sh10.3 billion

Java Restaurant a long Mama Ngina street. ON 03/07/2017 PHOTO: JENIPHER WACHIE

Dubai-based private equity firm Abraaj Group has taken over Kenyan coffee chain Java House.

The firm announced the deal, which will see it acquire 100 per cent stake in Java from private equity firm Emerging Capital Partners (ECP) and the Company’s founder and chairman Kevin Ashley, was nearly complete.

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