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Intercon, Hilton hotels up for grabs in State divesting plan

The Hilton and Intercontinental Hotels. [File, Standard]

The Kenya Development Corporation (KDC) has embarked on an investor-hunting mission as it looks to privatise some key State assets across the country, which they hope will help unlock billions of shillings in revenue.

This was unveiled during a stakeholder briefing in Nairobi on Thursday that brought together representatives from the banking sector, pension funds and individual investors.

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