×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Shalimar Flowers gets nod to buy Karuturi land

A solar power plant at Shalimar Flowers farm. [Antony Gitonga, Standard]

The Competition Authority of Kenya (CAK) has approved the sale of more than 100 hectares of Karuturi Flower Farm in Naivasha by Shalimar Flowers.

The competition watchdog said it had okayed the transaction that will see Rhea Holdings, the company that owns Karuturi, which is currently under receivership, sell land to Shalimar Flowers.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in