London-based Actis has sold Java House, East Africa’s coffee chain to two private equity firms, a new notice shows. According to a notice issued by the regional antitrust authority, the Comesa Competition Commission, Alterra Capital is expected to acquire the majority of the company’s shares while Phatisa would retain controlling rights despite its minority interest....
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London-based Actis sells Java House to two private equity firms
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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