×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App
×
The Standard Group PLC 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.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: corporate@standardmedia.co.ke

Java House future rests on parent sale

Java Restaurant a long Mama Ngina street, Nairobi (PHOTO: JENIPHER WACHIE)

NAIROBI, KENYA: A tussle for the investment arm of Abraaj Holdings is set to put the future of Java Coffee House and the investments held in Kenya under the Abraaj Africa Fund III in uncertain waters.

Th New York-listed Colony Capital reached an agreement for the sale of Abraaj’s funds management business in Latin America, sub-Saharan Africa, North Africa and Turkey and the group’s Limited Partnership (LP) interests in the underlying funds.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902