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Top News In Ibl Group Today - Breaking & Trending Today
Mauritian conglomerate IBL Group is stepping up its regional investments after recently acquiring a 26.32 per cent stake in supermarket chain Naivas Limited for $100 million (Sh12.2 billion). ....
The sale of a 40 percent stake in Naivas supermarket in June to a consortium of international investors valued the chain at 10 times its book value. ....
Naivas had earlier announced that Proparco, Mauritian conglomerate IBL Group and German sovereign wealth fund DEG were taking a minority interest. ....