The Insurance Regulatory Authority (IRA) stopped the Resolution deal, which in principle looked like an indirect takeover by Xplico owners, without offering reasons.
Resolution founder Peter Nduati accuses the majority shareholder, Linkham Services Ltd, and its associates of breaching a share purchase deal blamed for the collapse of the insurer.
Hereford Times death notices, published August 19 herefordtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from herefordtimes.com Daily Mail and Mail on Sunday newspapers.
Linkham Group acquires majority stake in Resolution Insurance, appoints Peter Nduati as CEO hapakenya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hapakenya.com Daily Mail and Mail on Sunday newspapers.