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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.
A Mauritian firm has received regulatory approvals to acquire a majority stake in troubled Savannah Cement.
The Comesa Competition Commission has approved the acquisition of a 60 per cent stake in Savannah Cement by Barak Asset Recovery from Seruji Ltd. This is as Barak tries to recover a loan it had advanced to Seruji, according to disclosures the companies made to the regional competition watchdog.
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