American PE company acquires Actis

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A view of Garden City Mall along Thika superhighway. FILE PHOTO | LUCY WANJIRU | NMG

Actis, the London-based private equity firm that owns Garden City Mall, is set to be acquired by a US-based company, months after it closed its Nairobi office.

General Atlantic, which is based in New York, announced the acquisition noting that the Actis brand will, however, be retained.

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