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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.
TransCentury board has approved the acquisition of Aureos East Africa Fund’s entire shareholding in Cable Holdings Kenya Ltd.
In a notice, the board said this would be done through allotment of new shares in the firm to Aureos in exchange for the sale of 5.2 per cent of its shares in Cable Holdings Kenya.
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