Longhorn Publishers to sell Sh102 million stake in Law Africa Publishing

Longhorn Publishers Limited Group Managing Director Simon Ngigi during an interview with The Standard. (PHOTO DAVID NJAAGA/STANDARD}

NAIROBI, KENYA: Longhorn Publishers is set to offload its entire shareholding in LawAfrica firm, hardly 17 months after acquiring a controlling stake.

The listed company has said in a cautionary announcement that it has already identified a prospective buyer, even though it did not disclose the price.