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High Court orders fresh valuation of local airline

Blue Bird Aviation aircraft. [Courtesy, Standard]

The High Court has ordered a fresh valuation of an aviation firm in a buyout dispute between shareholders.

Commercial Court Judge Njoki Mwangi set aside a business valuation report on Blue Bird Aviation Ltd by RSM East Africa Ltd and directed that Yusuf Abdi Adan, Hussein Ahmed Farah, Hussein Unshur Mohamed, Mohamed Abdikadir Adan, and the firm appoint new a valuer.

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