C
Originally published by Capital Business
📰 Read Full Article
business
October 3, 2025
4h ago

Kalahari’s EAPCC Stake Buyout Gets Green Light from Competition Authority

Kalahari’s EAPCC Stake Buyout Gets Green Light from Competition Authority

NAIROBI, Kenya, Oct 3 - The Competition Authority of Kenya (CAK) has approved Kalahari Holdings’ planned acquisition of Holcim’s 41.7 per cent stake in Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Competition Authority of Kenya (CAK) has approved Kalahari Holdings' acquisition of Holcim’s 41.7 percent stake in the East African Portland Cement Company (EAPCC).

  • The CAK ruled the transaction does not constitute a change in control, as explained by Director of Competition and Consumer Protection Joel Omari.
  • MPs expressed concern over job security and potential anti-competitive practices, with Aldai MP Mary Anne Keitany seeking assurances for employees.
  • Taveta MP John Bwire called for comprehensive analysis of market share to protect public interest.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article