Diversified trading firm Car & General (C&G) is seeking to wholly re-acquire diesel engine manufacturer Cummins C&G Limited (Cummins CG) in a deal subject to regulatory approval.
The Nairobi Securities Exchange-listed firm has entered into a share purchase agreement with CMI Africa Holdings BV (Cummins BV) to buy the remaining 50 percent stake to give it full ownership of the distributorship business once again.
