Tuesday, May 20, 2014

Actis reduces stake in Umeme to 21pc

NAIROBI, Kenya May 20 – Actis has reduced its stake in Uganda’s Umeme Holdings from 60.1 percent to 21.0 percent after the end of its investment horizon. In a press statement, the firm announced the successful sale of the stake for Sh7.5 billion. The shares were bought by over 20 new and existing blue-chip institutional […]

Read more here Capital Business