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Creditors vote to liquidate Abraaj Kenya over mismanagement claims

BUSINESS

Directors of the company, Ashish Patel and Benjamin Ikenye, had convened the creditors meeting last week.

Creditors vote to liquidate Abraaj Kenya over mismanagement claims

By Wainaina Wambu | 1 year ago

Creditors vote to liquidate Abraaj Kenya Advisers

Creditors vote to liquidate Abraaj Kenya Advisers

Creditors owed by collapsed private equity firm Abraaj Kenya Advisers Limited have voted for its liquidation.

Wainaina Wambu | 1 year ago

French milk firm - Danone Milk comes to Kenya

French food group Danone is using Kenya as a launch pad to enter the East Africa market. The firm, which holds 40 per cent stake in Brookside, stated its commitment to using the Kenyan market to further embed its presence in the region, following past successful entries in north, west and South Africa.

Standard Reporter | 5 years ago

Actis to manage two former Abraaj funds

Abraaj collapsed last year amid a storm over abuse of investor funds. Actis, on the other hand, is a global emerging markets investment firm

Ferdinand Mwongela | 2 years ago

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