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.
Jubilee Health is wholly owned by Jubilee Holdings. [Samson Wire, Standard]
The competition watchdog has given Jubilee Health the greenlight to unconditionally acquire Allianz Insurance Company of Kenya's medical insurance business.
In a statement yesterday, the Competition Authority of Kenya (CAK) approved the transaction, paving the way for the enhancement of a partnership that began in 2020.
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