With their stake now worth more than $45 million, the affluent Mauritian Espitalier-Noel family ranks among the richest families in Mauritius.
Mauritian family
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The multimillionaire Mauritian Lagesse family owns a 16.8-percent joint stake in IBL Limited.
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The Lagesse family owns 16.8 percent of IBL Group.
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However, the Lagesse family remains one of Mauritius’ wealthiest, most powerful families.
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Mauritian tycoon Arnaud Lagesse-led IBL Group buys stake in leading Kenyan supermarket chain
The transaction highlights Naivas’ intrinsic value as Kenya’s largest supermarket chain.
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Despite the recent decline in the market value of his stake, the family remains one of Mauritius’ wealthiest.
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The family controls a 12.8-percent stake in Medine Limited, worth almost $20 million.
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The Espitalier-Noel family is one of the wealthiest families in Mauritius.
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Mauritian tycoon Hector Espitalier-Noel’s ENL rebounds, earnings surpass $8 million in H1 2022
The Mauritius-based group is led by Espitalier-Noel, who has a 9.92-percent beneficial stake in the company.
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Rogers and Company Limited is a Mauritius-based international services and investment firm.