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.
Mi Vida Homes Ltd management has bought out the developer’s owners at an undisclosed amount, seven years after the company was incorporated.
A statement from Mi Vida Homes indicated that the developer has reached a share purchase agreement for a management-led buyout of the business from Actis, a private equity fund.
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