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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.
Barclays Bank Plc plans to retain about 20 per cent stake of its African business that includes the Kenyan bank in its planned shareholding review.
The outcome of the part disposal means that the Barclays brand could still be in use in Kenya, and that the UK firm would still hold some decision-making powers in the business.
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