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AfricInvest acquires 14 percent stake in Britam

Britam Group Managing Director, DR. Benson Wairegi

NAIROBI, KENYA: The shares private equity firm AfricInvest bought in Britam Holdings started trading on the Nairobi Securities Exchange (NSE).

The Tunis-based firm bought 360.88 million shares at Sh15.85 per share in a Sh5.7 billion deal that saw it take up a 14.3 per cent stake in the listed local firm.

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