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Brooke Bond buyout

This article was originally published in The Public Ledger

BROOKE Bond Group intends to buy the minority of shares in UnileverTea Kenya it does not already own for Ksh356.5m ($5.46m) and delist the tea grower. It currently holds 88.24% in the firm, which has vast tea estates in Kenya's RiftValley region, and will take the remaining 5.75m ordinary shares at Ksh62 each.

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