© Reuters.
NAIROBI (Reuters) – France’s Amethis investment fund said on Friday it will sell its stake in Kenyan general retailer Naivas to Mauritius-based IBL Group.
Amethis bought a stake in Naivas for an undisclosed amount in 2020. A source with knowledge of the transaction had told Reuters the purchase amounted to 30% of the retailer at that time.
“This marks IBL Group’s first…
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