×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Dubai firm mulls sale of its Java stake

Java House outlet in Nairobi

Local coffee house chain Java could soon find new owners as its Dubai-based parent company seeks to raise funds to calm anxiety among investors.

Should the sale deal go through, it will be one of the shortest investments for the multi-billion-dollar private equity firm Abraaj, which completed the acquisition of Java last July.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in