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.
Equity Group Holdings CEO James Mwangi (PHOTO: FILE)
NAIROBI, KENYA: The Equity Group Holdings has inked a better deal with a Congolese bank reducing consideration from the previous Sh11.2 billion (USD 105m) to Sh10.1 billion (USD 95 million).
The group on Tuesday said the deal has met all the necessary approvals and the acquisition was completed on August 7.
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