Decision/Other
Adopted

Absa exits Kenya insurance after Sh3bn buyout by Mudavadi group

Absa has exited Kenya's insurance business after a Sh3bn buyout by a group linked to Musalia Mudavadi, returning control of the insurers to that investment vehicle.

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Source

Absa exits Kenya insurance after Sh3bn buyout by Mudavadi group
businessdailyaf · Telegram Open post

Not established

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  • Announcement date
  • Completion date
  • Specific insurance entities involved
  • Regulatory approvals
  • Ownership split between acquirer parties

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