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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.
The owners of the Nakuru-based Gilani's Supermarket are set to loosen their grip on the homegrown retailer after selling a controlling stake to a private equity fund.
The Competition Authority of Kenya (CAK) announced the sale deal on Friday, marking a new era for the 48-year-old family-owned supermarket.
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