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The Standard Group Plc is a
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Kenya: Equity Bank Group plans to make Sh1.2 billion profit from the sale of its 24.75 per cent stake (57.27 million shares) in Housing Finance (HF) to British American Investment Company Ltd (Britam).
In a statement yesterday, the bank said the proceeds of the share sale would be re-deployed in alternative investment opportunities, which guarantee high returns to shareholders.
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