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Acorn Group Vs Britam
British-American Asset Managers (BAAM) resolved its biggest property dispute this year after it fell out with some of its employees that quit to start a rival outfit. Acorn Group had earlier entered into a deal that would have seen Britam provide financing for 10 real estate projects worth Sh40 billion while it focused on the development of the properties. Some of the properties planned were shopping malls, office complexes and mixed-use projects.
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