Britam, Cytonn serve up 2014’s fiercest corporate battle

Investment firm British-American Investments Company (Britam), private equity fund Cytonn and real estate developer Acorn served up what was arguably 2014’s biggest corporate legal battle.

The tussle, which has attracted a multiplicity of lawsuits, was triggered by the mass exit of four British American Asset Management (BAAM) executives to form their own advisory company, Cytonn.