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Newton Kagira Mukuha, in his application, argued that certain assets within the estate have not been properly distributed, expressing worries over lack of representation.
Naivas, a retail giant established in 1990 by the late Kenyan tycoon Peter Mukuha Kago, has long held a dominant presence in Kenya.
IBL is a renowned, multifaceted Mauritian conglomerate.
Naivas Supermarket is Kenya’s largest supermarket chain.
The Mukuha family retains a majority 60-percent stake in Naivas.
The transaction highlights Naivas’ intrinsic value as Kenya’s largest supermarket chain.
Founded by the late Kenyan businessman Peter Mukuha Kago, Naivas Supermarket is Kenya’s largest supermarket chain.