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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.
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.
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