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The Standard Group Plc is a
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influence in matters of national and international interest.
Emerging Capital Partners yesterday announced that they had acquired a majority stake in restaurant chain Artcaffe Group as the country’s coffee-dining business experiences major re-alignment.
The deal comes a year after ECP sold its stake at Java House to Dubai-based Abraaj Group, with the latter reported to have paid Sh10 billion for East Africa’s largest coffee shop.
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