Businessman Chris Kirubi is set to complete the takeover of Haco Tiger Brands East Africa by mid this month, becoming the sole shareholder of the company.
Mr Kirubi in 2008 sold a 51 stake in the firm — then trading as Haco Industries — to South Africa’s Tiger Brands for more than Sh300 million. A recent disagreement over the company’s strategic direction saw Mr Kirubi offer to buy out the multinational.
