Consumer goods & Retail
How private equity could have saved Kenya’s Nakumatt from bankruptcy

How private equity could have saved Kenya’s Nakumatt from bankruptcy

By rejecting the opening of its capital to institutional investors, who could have provided financing and know-how, and by deciding to rely on intermediated financing, the Shah family sealed the fate of its supermarket chain. This proved to be the wrong choice for its plans to grow the business.

Someone shares this article with you
            ▪ How private equity could have saved Kenya’s Nakumatt from bankruptcy

▪ By rejecting the opening of its capital to institutional investors, who could have provided financing and know-how, and by deciding to rely on intermediated financing, the Shah family sealed the fate of its supermarket chain. This proved to be the wrong choice for its plans to grow the business.

http://www.jeuneafriquebusinessplus.com/en/802511/comment-le-private-equity-aurait-pu-sauver-le-kenyan-nakumatt-de-la-faillite/

24/01/2020 at 17h27, by Jeune Afrique Business+

After managing to obtain an initial stay of execution from the courts when Nakumatt Holdings filed for the first time in October 2017, the group now seems destined to disappear. The receivership procedure marks the end of the road.

To read the article and discover your subscription benefits

You are connected to your Jeune Afrique account but your Jeune Afrique Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Telecoms & Media

25/11/2019 at 18h07, by Aurélie Benoit, updated 26/11/2019

Out-of-home advertising: Pikasso unveiled in Carrefour stores in Morocco

According to our sources, the Lebanese group has recently taken over Greenberry, the pioneering advertising...

Any questions ? contact us

Please get in touch with the Jeune Afrique Business+ team if you require any further information.

Email us : abonnements@jeuneafriquebusinessplus.com

Add JAB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add JAB+ on the home screen.

3. Enter the name of the shortcut and confirm.