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.
Express Kenya shareholders have declined to sell their stake to the chief executive, Hector Diniz. This means the firm will remain listed at the Nairobi Securities Exchange.
Less than 10 per cent of shareholders in the transport and logistics firm agreed to the buyout, which was far from the required 75 per cent threshold.
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