×
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.
Unilever has agreed to sell its margarine and spreads business to US private equity firm KKR for $8.04 billion (Sh824 billion) to concentrate on faster growing products.
The maker of Knorr soup and Dove soap announced the deal on Friday, hours after Reuters reported that KKR had entered exclusive talks to buy the shrinking business after outbidding rivals.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join