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Naivas Goes For the Kill in Battle for Retail Billions
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[ad_1] Naivas Supermarket, the fast-growing Kenyan retail chain, has signed a deal to sell a 30% stake to Paris-based private equity fund, Amethis Finance, for an undisclosed amount. The cash injection is expected to enhance Naivas’s expansion strategy that has seen it open 60 branches across the country. Meanwhile, br
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[ad_1] Naivas Supermarket, the fast-growing Kenyan retail chain, has signed a deal to sell a 30% stake to Paris-based private equity fund, Amethis Finance, for an undisclosed amount. The cash injection is expected to enhance Naivas’s expansion strategy that has seen it open 60 branches across the country. Meanwhile, br
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