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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.
Gulf Energy, through its affiliate Auron Energy, has signed a sale and purchase agreement with Tullow Oil that will see it acquire 100 per cent of Tullow's interest in Kenya for a minimum cash consideration of $120 million (Sh15.5 billion).
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