The Competition Authority of Kenya (CAK) confirmed the clearance on Wednesday, refraining from disclosing the financial details of the transaction.
Arnaud Lagesse
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- Hot News
Mauritian tycoon Arnaud Lagesse’s IBL nearly doubles half-year revenue to over $1.1 billion
Arnaud Lagesse, along with his siblings Benoit, Hugues, Jean-Pierre, Thierry, and Stephane Lagesse, collectively holds a substantial 16.8-percent joint stake in IBL …
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From leading Mauritius’ largest conglomerate, IBL Group, to investments in Kenya’s retail sector through Naivas International.
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The move signals IBL’s strategic commitment to the Kenyan market and its broader expansion into East Africa under the visionary leadership of …
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IBL Group, under the leadership of Lagesse, stands as a leading conglomerate and one of the largest groups in Mauritius.
- East Africa
Firm tied to Mauritian Lagesse family poised to become majority shareholder in Naivas, Kenya’s largest retailer
Mambo Retail is an investment vehicle linked to IBL Group, a prominent Mauritius conglomerate led by Mauritian tycoon Arnaud Lagesse.
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Arnaud Lagesse, alongside his siblings Benoit, Hugues, Jean-Pierre, Thierry, and Stephane Lagesse, holds a 16.8-percent joint stake in IBL.
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The multimillionaire Mauritian Lagesse family owns a 16.8-percent joint stake in IBL Limited.
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Lagesse is CEO of IBL Group, one of the largest conglomerates in Mauritius.
- Hot News
Mauritian tycoon Arnaud Lagesse’s IBL strikes major deal to revolutionize East Africa’s energy sector
IBL Group is a global leader, with more than 200 brands in 19 countries.