Kenyan company gets nod to buy Indian health firm

Kenyan company gets nod to buy Indian health firm

Kenyan company gets nod to buy Indian health firm

The Competition Authority of Kenya (CAK) has cleared the takeover of Bliss GVS Healthcare Nairobi, the Kenyan step down subsidiary of Indian pharmaceutical giant Bliss GVS Pharma, by Mayfair Healthcare Holdings.

The Mumbai-based firm divested from its Kenya subsidiary early this year after the sale of 51 per cent shares of Bliss GVS Healthcare Ltd Kenya to Mayfair Healthcare Holdings for $12 million (about Sh1.2 billion).

For more information, please see https://www.businessdailyafrica.com/corporate/companies/Kenyan-company-gets-nod-to-buy-Indian-health-firm/4003102-4726156-tpcxvqz/index.html?utm_source=traqli&utm_medium=email&utm_campaign=bdafrica_newsletter&tqid=1.2 yYGJ0UhIBAEJMxc.9I6fNkyBKFXdq9WPch2vLZQ%24%24

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