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.
Former Equity Bank Chairman Peter Munga (PHOTO: FILE)
NAIROBI, KENYA: Businessman Peter Munga’s Plum LLP wants to sell its entire stake in Britam to Switzerland-based firm Swiss Re Asset Management Geneva SA.
Britam said in a statement on Monday that Plum LLP had entered into a share purchase agreement with Swiss Re in a deal that will see the latter purchase 348.5 million shares from the former.
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