BII Exits I&M Group, Sells 10.13 % Stake to Africinvest

British International Investment (BII), a UK development finance institution, has agreed to sell its 10.13 per cent stake in I&M Group to East Africa Growth Holding, an investment vehicle established by Africinvest Fund IV and its affiliates. The transaction is subject to customary conditions, including regulatory approvals in Kenya and other countries where I&M Group … Continue reading BII Exits I&M Group, Sells 10.13 % Stake to Africinvest