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The Standard Group Plc is a
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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.
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.
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