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Tuskys pulls the plug on rescue deal with Nakumatt
Atul Shah, Nakumatt CEO. PHOTO | FILE | NMG
Retail chain Tuskys has pulled the plug on a rescue partnership it has been seeking with Nakumatt in what could push the troubled supermarket into deeper crisis.
Tuskys, through its lawyers, wrote to the Competition Authority of Kenya (CAK) nine days ago saying it was re-considering its interest in the partnership deal with Nakumatt.