Heineken’s attempt to block $13.1-million payment to Kenyan tycoon Ngugi Kiuna fails
The court emphasized that the case revolved around the legitimacy of the termination notice, not constitutional interpretation.
Ngugi Kiuna
Dutch giant Heineken to pay $13.1 million to Kenyan tycoon Ngugi Kiuna’s firm
This follows the Court of Appeal’s ruling that upheld a High Court order for Heineken to compensate Maxam for the unlawful termination of their distribution contract in Kenya.
Kenyan tycoon Ngugi Kiuna bolsters stake in BOC Kenya to counter takeover attempt
According to the report, Kiuna purchased an additional 93,826 shares in BOC Kenya, amounting to a value of Ksh7.2 million ($63,400).
Kenyan beer tycoon Ngugi Kiuna ups stake in gas manufacturer, BOC Kenya
The acquisition solidifies Kiuna’s position in BOC Kenya as one of the company’s leading shareholders.
Carbacid Investments looks to acquire Kenyan tycoon Ngugi Kiuna’s BOC Kenya
Due to legal and regulatory roadblocks, the finalization of the deal has now dragged on for more than one year.