Why lawsuits may shadow Tuskys, Nakumatt merger

A shopper at a Nakumatt Supermarket outlet in Nairobi. FILE PHOTO | NMG

Nakumatt-Tuskys proposed merger was announced last week. But in my view this deal risks delays due to the numerous lawsuits that Nakumatt is facing from various quarters.

A list of creditors was published and it was announced that some of these creditors have initiated a winding-up petition against the supermarket.

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