The Competition Authority of Kenya (CAK) has approved the multi-billion shilling sale of two hotels in Nairobi in deals whose combined value is estimated above Sh5 billion.
The regulator gave the nod for the acquisition of the 680 Hotel in Nairobi’s city centre by the Machakos-based Maanzoni Lodges and Crowne Plaza Hotel by the Kasada Hospitality Group of Qatar.
