Competition Authority Approves 30pct Sale of Naivas to France’s Amethis Finance

The Competition Authority of Kenya (CAK) has approved the acquisition of a 30 percent minority stake in retail chain Naivas by French private equity fund Amethis Finance. “The Competition Authority has authorised the proposed transaction as set out herein on condition that the merged entity to honour all the current contracts with suppliers for the … Continue reading Competition Authority Approves 30pct Sale of Naivas to France’s Amethis Finance